Hi Michael,This is my boilerplate response to people for learning how to estimate rehab costs:#1 Read the Book on Estimating Rehab CostsAs other's have mentioned, JScott's 'The Book on Estimating Rehab Costs' is a great resource for new rehabbers to learn how to Estimate Repair Costs on 25 common rehab repairs.https://www.biggerpockets.com/store/the-complete-g...#2 Explore Lowes and Home Depot to Learn About Material PricingTake a tour through Lowes and Home Depot (or their websites) and look at finishes materials and fixtures that you will consider using in your rehab projects.

The location is highly sought after.The red pill ($495k) is 20 minutes from the airport, 8 minutes to the beach and a very happening area, and about a 3 minutes drive to a lot of restaurants, although you could easily bike to this area. 

https://www.biggerpockets.com/store/rental-property-investing-ultimate

I do not want to collect money from the store everyday.  

It is a tiny home in the back with a huge lot and a commercial store of 200sqft on the front on a very busy street.

And, also doing Instacart grocery raffle giveaways since people are trying to avoid entering grocery stores. 2) Offer 6-month lease terms to prospective renters that do not want to commit long-term due to uncertainty, 3) Propose furnishing two units and offering short-term corporate rentals, 4) in place of lowering the rents offer a two-month free rent concession on an 18-month lease term.In addition to the pandemic being a hurdle to leasing these luxury units, there is construction next door to the building that will not be finished for another year. 

An example would be a retail store that sells hats, they source hats, buy hats, maybe brand those hats, and sell them for a profit.

The mall in town can't keep an anchor store and yet, there are clearly lifers that love the area and call it home (30,000+ to be exact).

Does anyone have any thoughts of buying a liquor store now?

Not the big box stores, their markup is too much.