Cash Purchase Price: $43k, Renovation & other fees: $66k, Estimated closing: $13k.

I estimated a conservative 75% occupancy on my current house hack but stay nearly fulled booked out.

The property owners will be asking $170k, but it needs an estimated $60-80k in repairs.

Photos will not work on estimating.

Does anyone have rule of thumb cost estimates for this kind of work?

I would t go much lower unless you can estimate rehabbing accurately or bear in mind the asset class to vacancy and other variable cost issues rising.

Conservatively estimating new construction costs as $300/sq foot, the new duplexes could cost about $600,000 each to build (plus interest costs).

Basing estimates of rents and expenses based on my existing knowledge of local markets.

This not only lets your get a discount when these suppliers compete against each other, but if you have detailed plans from an architect or a spec for the build out - they can also estimate all the materials needed for you.

I can’t get my budget in order because this one builder won’t give me an estimate until I’m ready to apply for permits.