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.Download BP’s newest book here some good due diligence in Chapter 10.

;)https://homes.yahoo.com/news/experts-rent-control-causes-more-problems-solves-181219436.htmlRising rents nationwide are causing rent control to gain traction — but not among economists, real estate analysts and other housing experts.A whopping 63 percent of experts surveyed for the Zillow Home Price Expectations Survey (ZHPE) said rent control ordinances are “government intrusions into the marketplace that, however well-intentioned, always create more problems than they solve.”It’s unusual for such a large group to agree on a single answer, according to Terry Loebs, founder of Pulsenomics LLC, which developed the Zillow-sponsored survey.

The contractor that viewed the property with us, estimated the cost of the construction at $100,000 with a 65 day time frame.

I would delay the closing until I had an estimate for the repair as these can get expensive.

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.

So i got an estimate and presented it to the tenants.

My thought is that working as a home inspector could be a good way to become proficient in understanding property values in this region and also building a better understanding of repair estimates.  

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

Remove the wall, relocate the electric (he can see that)and give you  priceJust get a few estimates and select your best contractor and best price.

Our service includes MLS comps, construction estimates, fixed expenses and all info that you need to determine your maximum offer.