I use costs I've actually incurred on the flips I've done and supplement that information with "The Book on Estimating Rehab Costs" by J Scott - a good summary of major repair components and their estimated costs.  

In addition, there is a very less likelihood of a Mortgagee allowing a formal assumption due to the nature of the borrower.  

Naturally, if you're doing a rehab for a flip you'll want to paint the entire inside and put in new carpeting. 

Hello BP members, I recently retired from the military and I am excited about real estate investing as a way to supplement my retirement and build a legacy for my family.

So you have to read through the nature of the complaints and read the company's rebuttal also.

“If buyer is an investor the transaction is exempt.”1 TRANSACTION PER 12 MONTHSa) Seller must determine if the buyer is an investor or “consumer” defined in the DFAb) Seller is a natural person, “not a Corporation, LLC, partnership, trust, estate, etc.”c) The seller did not construct the propertyd) The financing has a fixed rate or does not adjust for the first 5 years, a balloon is allowede) No negative amortization3 TRANSACTIONS PER 12 MONTHSa) Seller must determine if the buyer is an investor or “consumer” defined in the DFAb) Seller is a natural person, “or” a Corporation, LLC, partnership, trust, estate, etc.”c) The seller did not construct the propertyd) The financing has a fixed rate or does not adjust for the first 5 years, a balloon is not allowede) The borrower has a reasonable ability to repay the loanThe loan is fully amortized (no balloon)ALL OTHER SCENARIOS REQUIRE A MORTGAGE LOAN ORIGINATORS LICENSE AND ALL REQUIRED TILA, HOEPA, RESPA, AND HUD, COMPLIANCE UNDER THE DFA.Violations of the Acts all under oversight of the CFPB are subject to Federal and State fines, and rescission of the sale,

So naturally I fix his furnace free of charge.

My husband is also in a transient career so we have designed  business plan that turns our transient nature into a psotive thing. 

I appreciate the replies, including the PMs I received.I think in the back of my mind, I knew it wasn't going to be that easy, but you never know until you ask questions...Beyond just the complexity of the situation, regardless of the risks, the other problem I foresee is that the "predatory" nature that might be construed from this could shine a negative light on my real estate rental business as a whole.  

First letter went out last month... yes, I said letter... singular... naturally this effort needs some boost to be effective.