After a bit of back-and-forth on the repair costs, I negotiated it down to $69,000, convincing them the extent of repairs was higher than they initially estimated.

After a bit of back-and-forth on the repair costs, I negotiated it down to $69,000, convincing them the extent of repairs was higher than they initially estimated.

If I don't feel comfortable I also give folks a chance to get a cosigners.

I see many warning signals that if CA doesn't get it's act together, act as if it has to compete, very strong chances it will suffer the historical consequences of that and CA the titan will become history not current state of things. 

Chances are if you’ve ever been to the Grand Canyon you’ve driven through it.  

My take on this is to underwrite purchases based on expected LTR rents (I like rentometer and the BP's own rental estimator), but start charging 1.5x that rent for your MTR.

Ask them to do a cost estimate.

My partner called the owner who had give the original estimate, said no way are we paying until the job is done. 

Not that there isn't some opportunity, but investing from afar, I don't really have the chance to get a crew that can do the rehab on the homes that I think would turn a profit. 

I'm having a hard time finding any estimating tools for this kind of a project, adding a story and multiple BR/1 BA, and wondered if there were any tools, sites or recommendations any of you have for this kind of a project.