Believe me, if you do foot the bill for central AC, he will run you through the mill for dozens of other things.

This was a 1700 square-foot house and it was a lot of money to furnish as well as very stressful to try to fill every crevice of the home so it’s not plain!

Relieve them of the management duty, as they are not representing you properly.

Advantages: No monthly payments, which relieves immediate cash flow pressure.

I own a 700 square-foot house on a lot of that is zoned for four units.

You will quickly learn about footings, water service replacement, electrical load calculations, and a bunch of things you don't know about. 

I've found some errors over the years, but mostly I am so relieved I don't have to think about accounting on the daily;)

An approach you might want to take, is to break down each component of the rehab into its own price per sqft/linear foot/units for both materials and for labor.for example you might find that flooring costs and average of $3.50/sqft labor to install + $3.00/sqft for materials X square feet = cost to refloor+ always add an extra 10% for unforseensSo you would just need to do this for every part of the rehab based on what needs to be done and what level of finish you are going for.keep in mind that some things are measured by sqft, like floor, and others are measured by linear foot, like trim, and some are measured by total area, like drywall and paint, and yet others are measured per each like tubs and toilets.A good place to start with figuring costs is The Book On Estimating Rehab Costs by J.

Hehe @Garrett Brown, yet another one. 500ft view @John Underwood, more like 10k foot view!

I certainly don't want to harrass her - she is a single mom like me and I am sure has a lot going on - but I can't afford to foot the bill for all of my mortgages (working on properties 2 & 3 now) if my tenants don't pay...