I would see what that market and submarket has done over history and factor in the appropriate %.

I show (in groups) only if they appropriately answer my questions via email, text or phone. 

“Streamline Option” – or “Limited Repair Program”a.Total financed rehabilitation costs cannot exceed $35,000b.Maximum Sub-Contracts is 3If more than 3 are needed then a General Contractor will be requiredc.Repairs are limited to cosmetic repair only.

Remember, for any of us to have successful businesses we have to make sure we're charging the appropriate amount of profit and overhead so we can feed our families and be here down the road when you need us again. 

First and foremost, if you can find them, the replacement of like receptacles is appropriate, but does not afford the protection of grounding.

So what would be an appropriate amount of money to have in order to be a player in the area?

There is however, the option of doing a 203(k) FHA construction loan if the property is not in appropriate condition for a traditional FHA loan.

“Streamline Option” – or “Limited Repair Program”Total financed rehabilitation costs cannot exceed $35,000Maximum Sub-Contracts is 3If more than 3 are needed then a General Contractor will be requiredRepairs are limited to cosmetic repair only.

Crap I would be better lending to all these guys and let them do all the work.. so we took our 10 million and created a HML business  and grew it to just over 35 million over the course of 6 or 7 years.. but then the GFC hit and it was at that point I realized that Cash flow rentals are not immune I was funding a bunch of them and ended up owing 200 of them and we got our clock cleaned.then we looked at a niche performing note model not a NPN model and have done about 60 million in that business last 5 years.. conservative returns but predictable and FAR more appropriate for IRAS most of the time compared to the risk of actually owning the asset.  

Without a lot more information than is appropriate for this forum the only thing I can suggest is to hire a public adjuster as you mentioned or lawyer up.