Targeting Boston's cambridge or north end area to keep utilization high.

If they are happy to take your expert estimate on ARV, that's cool.

I mean I can only make an offer based on the provided rents and estimating expenses.  

I had a house sit for almost 7 weeks because the village required a permit and it took me that long to get a licensed plumber that would give me an estimate and put me on the schedule. 

TLDR: In a 2 bedroom basement rental unit that is kinda nice, in a nice area, with all amenities, but nowhere near executive...what would be the monthly rental impact of having a uniform floor vs having a different fl...

It's in a nice safe area that I would be thrilled to live in.Now I'll go over some of the financials.Price of the property: $120,000FHA loan payment: $1000 (Rough estimate including loan, insurance, PMI, property taxes)Current rent per unit: $550, 550, 600, 600.

."), I typically use $150/sf as my "ballpark" estimate for purposes of quick, back-of-the-envelope, math to decide whether a particular project warrants more detailed consideration.

I would suggest you get a trusted GC to give you a close estimated repair cost for a rental or sale. 

A good chunk of items will have to be estimate/not exact because they don’t know what cabinets, flooring, light fixtures you’re using so there’s now way to be penny-precise on that but they should have some pretty good estimates as to what granite countertops, flooring, cabinets are going to cost you.

But it can be good to give an estimate, IF you can provide figures that are at least close.