If you are reading materials based on rent credits of 50 - 100% is a good way to entice the tenant buyer to sign a lease and an option, that will not fly as far as the loan originators allowing the credit.Rule 1.

Doing the cabinets then tile up to saves tile material and labor costs so when possible, that way is better, but not always.Great job so far, I would be interested to hear about your final numbers once completed.

Materials are about $2k of that.

In my case thats always ZERO anyway since we use cash.As for rehab costs, I would list out the repair items and materials that you think are needed.

[COPYRIGHTED MATERIAL REMOVED.

We finally started to repair fire damaged property. tore out all burned material and gutted directly affected areas.

How far should they be going with property reports and research, given that a sale may never materialize?

Break it down by trade and it can fluctuate immensely by the sub, their skill level and the relationship in regards to labor and material discounts.Depending on the local gov and permit regs a seemingly easy job can get way off course with timelines, inspections, new laws, codes , materials, designing the layout fit functionaly within the foundation footprint ,etc.Your basiclally selling a construction project and not rental propery requiring rehab.

Most PM companies that I've encountered have a very strong Time & Materials mentality and structure, and really don't like to commit to firm job-based bids.

-Do you list the features and amenities that are most appealing to the target market in your marketing material?