Now, you can learn the methodology for how to estimate rehab costs by reading books, but then you have to do the leg work to actually talk to contractors, visit suppliers, practice, etc.  

Youe methodology is quite possible. 

I've gotten many requests to do how-to videos on my system, including my methodology and the tools I use. 

Most of the Lonnie Dealers we have trained on the new rules and methodologies for staying legal are using private investors as a source of capital.

Rent is rent.The option contract provides the holder of the contract the right to purchase the property at either a predefined strike price, or at a strike price determined using a methodology explicitly spelled out in the option agreement, for a defined time (or within a defined window) after the contract is signed, but before it expires. 

It's really the same thing as saying 25 year useful life, but doesn't carry the same subtext of - the building will be worthless in year 26..Dimitri:Not quite ... depreciation is calculated using a declining balance methodology.  

Relatedly, I like the idea of simply dividing the bill and allocating to tenants but I think there is a local statute requiring the allocation be based on some methodology e.g.., RUBS.  

CAP rate only "meaningful" when comparing similar cash-flows in a local area and then only if the same methodology is used to calculate it.   

I've yet to read a book that actually goes in to detail. I can't get creative until I know what tools to use and when to use them..Any book advice would be great.

Best practices to consider when working with a turnkey operator is to discuss the construction method and methodologies, tenant screening policies, view copies of the rental agreements and management agreements.