Scott's books on flipping and Estimating Rehab Costs and have been spending a few hours every day reading BiggerPockets posts.  

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

I'd like to see what your estimated / actual costs are on construction. 

After around $8k for new flooring, paint, appliances, interior doors, and cleanup, I would estimate the ARV (Remember I'm new to this and I'm really not familiar with the neighborhood) to be around $65k. 

Experience - always a plus - if you don't have it - have people on your team that do have it and can speak intelligently about the deal - contractor, agent, take out lender, mentor, etc.Exit Strategy - a clear exit strategy - if flipping - how long to complete repairs and relist, estimated time to contract/ days on market, plan if no offers at asking price. if a Refinance - who is the lender, have they done like transactions, have they looked at your full file or just approved you based on an initial conversation. 5+ units - how long does the asset need to be stabilized before refinance can be done?

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookDownload BP’s newest book here some good due diligence in Chapter 10.

Hi BP community,I am doing wholesales in New Jersey, and I came across this possible deal in Sparta.The problem is that I need a contractor that can give me an accurate estimate of repair costs, so I can offer a good deal to my cash buyer.If there is no  contractors in Sparta, it is fine.

Nice work, cap ex is the hardest figure to estimate.  

We bought for like 130 and Zillow (I know it is not a real estimate) pegs it at 75k. 

Quick note: from my experience though; the CapX and Repair/Maintenance that I estimated above is actually a form of wishful thinking already.