This kitchen is going to be a future project for your customer no matter if you dump $50 or $500 into handles and paint.  

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $116,000

Cash invested: $25,000

Personal home that will become a rental once fixed and updated or will be used for ...

Hey everyone,I have been in the process of learning the commercial real estate game specifically with syndication and joint ventures in mind for the future.

Begin with easy projects, check everything carefully (get inspections, know the property’s worth), and move forward (plan your budget, hunt for properties, make offers).

In most cases, it probably won't go that far (most people talk), but if it does, at least you know they are serious and you understand how they operate, which will help you decide whether to partner with them in the future.

Let’s connect and potentially be future partners.

Both of my parents have helped with some projects when it comes to labor but financially is myself and the lender that has been amazing through the purchase of both properties. 

Class D would be my description, but beauty is in the eye of the beholder, so let's say C is probably more realistic.And, as someone that has owned rentals for 13 years, the projected numbers put out there are very optimistic.And lastly, the values the values they are asking for, given most of them are partial rehabs at best, again, someone is making good money on them, but if I were the buyer, I don't think it would be me.At the end of the day and in my limited experience, turnkey is a lot like wholesalers.  

Make sure to follow all legal procedures correctly and keep documentation of all communications and actions taken.In the long term, taking preventive measures from the start can help avoid similar non-payment issues in the future.

From my experience (I could be wrong) there isn't a format but the estimate should list details like the materials to be ordered and the hours of labor needed for each repair project (for example the kitchen cabinet installation or exterior doors) along with a cost listed for each line item.