A “heavy turn” can easily cost $5,000 but a partial renovation can be anywhere from $7,000 to $20,000 per unit depending on the market and unit size/layout.

As Ned points out above, the Buyer Representation Agreement will lay out the minimum commission owed to a Buyer's Agent.

They will lay out all the detailed info based on your specifications, selections, plans, etc.

Additionally, that exterior door would have to be bricked to get the exact layout, and I am not sure if I need a backdoor by code, or that it's a good idea to brick a backdoor or more aptly a side door.

Find a two-bedroom house >1000 square feet with a funky layout, a few thousand in rehab costs and you now have a 3 bedroom. 

Obviously this is a floating generalization but also highly counter intuitive for the normal residential investor.

Like repairs/updates/ or converting layouts & rooms?

In my next post, I'll lay out a preliminary analysis and budget...

I decided to go with a 2 bedroom layout which greatly reduced the living space.

I work at Intuit.