Perhaps a little higher in LA because the labor cost will be a bit higher, but material cost is roughly equivalent and total cost is not 3x. 

Your power team will grow from there.Regards,Joe Scorese

@Joe Koppel WELCOME Joe!  

Originally posted by @Joe Splitrock:Originally posted by @Ryan Jenks:Originally posted by @Joel Owens:Don't know why in the heck you are wanting to buy a 14 unit property across the country.

This is much more manageable for people and even though the spread isn't as nice, because it's actually achievable for the "average Joe" one might say it is better for a flip.

@Joe Villeneuve, thanks for the info!  

They have done a very good job for me and my portfolio.Please pm me for further discussion.Regards,Joe Scorese

@Joe Chesak,Let me recap what I think you are saying.  

Then start subtracting your cost of materials: $8 each belt (*10) = $80 .75 cents each edger disc= $75. 5 gallons of poly= $200 (if you're buying decent poly). 2 gallons stain = $804 screens $30Buffer, drum, edger rental $350 or moreNow you're fast approaching $800 in materials and rental equipment, plus your 4 days of labor and opportunity cost.

Here are the numbers for this project:Purchase Price: $140,999Purchase closing costs: $1,706Materials and Labor: $31,822Holding Costs: $9,019 (includes repayment to investor)Final Sales Price: $220,000Closing Costs, Commissions, and Staging: $14,667Total Profit: $21,788Here are some before and after pictures:Fireplace before/after:Kitchen before/after:These are the major items we replaced/redid on this house: converted the carport into an additional one car garage (not as hard as I thought it’d be), carpet, updated fireplace, paint, updated lighting, appliances, laminate, granite countertops (also added a little shelf to the counter so you sit at a stool to eat), backsplash, painted cabinets, new furnace, new windows, and removed 3 dead trees from the yard.