Offered at around $170kARV is around $250k with comps that range from $252k-260kThe rehab budget estimate is around 20k but honestly I would say more like 30-35kWhat do you guys think?

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

I'm also looking for someone to come give an estimate on paving what is currently a gravel driveway with asphalt.  

I'm trapped in a circular loop where I need estimated property taxes to calculate NOI but I need NOI to calculate property taxes.

Have some pros look at it and give you some free estimates.

TJ,Often we would want to do a home inspection and when the report is generated with the estimate, typically we would request a credit off the price for those future repairs.

We have done the basics: trusted lawyer, interviewed contractors, estimated materials and started looking for the "one", reviewed comps and areas close for us to manage.  

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.

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.

.- he got written estimates on all of the work in 2014, and they totalled $200k.- he had a different contractor begin work on the property without permits, as far as we can tell (there is no paper trail- permits, receipts - nothing). - they did plumbing, electrical, demo interior, installed duct work, new sheetrock and sub floor,  kitchen and bath cabinet, counter, sinks, tubs, toilets, tile work, and new windows throughout.- additionally, he purchased light fixures- interior doors- and appliance packages for each unit which are all sitting in storage now.- since he did not do the roof, there is now water damage from the leaky roof, to some of the new sheetrock and sub floor.Here is where we have gotten so far:**read a bunch of info on NOI, Pro forma, CAP, and looked at other delapated multi family buildings that have sold in the area.