Upon having to evict the tenant, I noticed that the plumbing was backed up and still cast iron. 

Plumbing wise city of st pete charges about $1200 for the extra meter and the plumber fee depends on the trench, length and trees they have to cross, I've seen prices in the $4000-$6000 range.  

We wanted to run plumbing to the back so that we could make a livable dwelling and rent it out.

And I think this where individual LP expression may be useful.Operational Risk,  There's one GP that's losing money because eviction cost, another GP losing money because they miscalculated insurance cost and another GP is losing money because.......plumbing issue.

I know it depends upon where we are located but I was hoping to put some numbers in my analysis.For instance, I have assumed that it will cost me $1,000 to add each meter plus any required internal plumbing/wiring to get everything run correctly.

The home has all new plumbing and the plumber went back to check everything and stated the septic line must be clogged. 

The foundational items, roofing, HVAC, plumbing and electrical were newer and needed very minimal replacing and updating.

Plumbing, electric, construction, etc. doesn't matter haha.

I currently live in Massachusetts where I have my master plumbing license so I’ve always been around construction.

The main house is completed and as far as labor, I spent $40,000 on just labor and that includes everything from full gut demo to finishes.We are talking about a 4BD, 3BTH two story 2400 ft.² home with a bonus room.This was a full gut job, replaced…12 Windows (new construction)2 sliding doorsTook out all carpet throughout.Took out this ugly 2” thick tile from half of the downstairs portion.Removed popcorn throughout the entire houseTook one wall downA little framing workReplaced entry door 80” x 92”Drywall patchingSmooth drywall work50 recessed lightingAll electrical neededAll plumbing neededNew cement walkway instead of one walk to the front door I created two steps with two lights in each step.Install kitchen cabinets, excluding countertopInstall all three vanities3 bathtubs with one being a modern standalone tub in the masterAll tile work (bathroom wall & floor, kitchen backsplash)Installing of all hardware, faucets, showerheads, etcInstalled 8 single panel doors with hardwareAdding self-leveler after tearing out that thick tileNew LVP flooring throughout the entire house except bathrooms,all baseboards, trimsPainting the entire house, painting all the doors, painting the outside trim.Reframing the outside balconyReframing the fireplace to install new linear modern electrical fireplaceand they took care of the two trash bins.I mean, completely redone.The only thing that was not included in the $40,000 is landscaping, counter top cut and install and of course the ADU which I’m currently working on now.So my question for my fellow investors and contractors did I pay too much?