A general rule of thumb you can use is buying the house around 60% of ARV, but again this is ONLY to make sure that the seller is even in the same ballpark as you before you waste your time seeing what the property actually needs.A couple options for you, since it sounds like you either don't want to see the homes yourself or are forward thinking (how to scale your wholesale business) then a couple alternatives might make sense for you:Bring on a partner that knows how to estimate rehab costsBring on a foot soldier that can go into the house and take pictures of EVERYTHING (more is better)Get a list of contractors that are willing to estimate rehab projects for you (most likely you will have to pay them, or possibly waive the fee if the flipper you sell to uses the contractor for the deal)Congrats on getting the phone to ring!  

Why is there such a wide discrepancy? 

We just got an estimate to build a 108' wide by 27' deep steel building with 8 units for around $47,000 ($16.11 per sq ft).

I'M HERE TO EXPAND MY BUSINESS TO A WORLD WIDE STATUS.

I am currently a multi-family general contractor working nation wide on large apartment renovations.

I have written a book on 1031 exchange and syndicated real estate, and am widely considered an authority on the subject.If you are concerned that my posts are repetitive, it is a requirement in the securities industry that we be especially careful regarding sharing information on private placements (DSTs) publicly.

@Natalie NguyenYou have come to the right place to connect with the wide array of real estate professionals and investors.

@Stacia LeonardYou have come to the right place to connect with the wide array of real estate professionals and investors.

Factors like lead paint and asbestos drywall alone will be large contributing factors.Finishing materials will vary widely. is this house in South Decatur or Buckhead?

JohnsonYou have come to the right place to connect with the wide array of real estate professionals and investors.