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Hello everyone, I'm brand new, as in my first development deal ever and have gotten to the point where I need civil drawings.

I'm targeting SFH and Multi-family properties to hold long term, interested in turn-key or light rehab properties as my current work schedule doesn't allow much time to invest in managing additional projects.

The investor is an incredibly busy guy and I know he does not really want to be bothered by getting calls regarding a broken light bulb or a wash/dryer that is not working.

If the floors are brand new, I probably won’t allow pets, but they have been around for a while and I know I need to replace them soon I will allow dogs and cats.

New tile brings 300%  @ re tile kitchen and bathrooms, cost $700 increase the value $2100New paint 300%new light fixtures and door knobs 300-500%New windows 200%Curb appeal  ( outside) front yard    1000%   just a few bushes and bark and flowers can make a yard Pop!

I feel a 10% coc return is kind of light and there probably are better deals out there.

This will help you get a better idea of what tile, hardwood, carpet, plumbing fixtures and light fixtures costs for your rehabs.#3 Contact Local Contractors for Labor Pricing / Hire a GC to ConsultCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.You can also pay a General Contractor a consulting fee of a couple of hundred dollars (per house) to walkthrough a few properties with you and provide a detailed estimate of prices that you can use as your 'menu for future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

@Joseph ChilcoatBuilding is very difficult, building for your first time is very difficult, building a 4 unit for your first investment property ever is even more difficult.Why not just use your VA loan to buy a 4 unit that needs some light cosmetic work and just learn the rehab process in more gradual steps there instead of risking it on the new build?

I am curious if anyone can shed some light on liability when selling your own property with your RE license.