The first one was 1400 s.f, 95% eff, two level, two returns, $4,200 with Lennox furnace and all materials.  

If you build a house right now and sell it, you will be lucky to get your material costs back.

How do you view EM; as a deposit subject to performance or a Fee for the privilege of getting the DD material?

So that they will provide all the materials and labors and get the project done for a certain amount with a specified deadline.

Accurately estimating rehab is definitely tough starting out, but deciding what materials and finishes to price also a challenge starting out.

She is likely only telling you part of the story and it will be in shambles and be great ammunition for moving on to the next tenant.As others have alluded to, you can string out an applicant by saying you are waiting on additional information or are still evaluating applications.

The expenses I have incurred include:Purchasing Motivated Seller ListPurchasing Marketing material (postcards and calendars)PostageWebsiteBusiness CardsLunch with my RE AttorneyMarket ResearchLLC formationPersonal Labor (I think I'm worth at least $25/hr) :-)Your expenses will vary but I hope this helps get you started.See ya round BP!

Rehab cost was right at about $9500 for materials. ( don't buy cabinets and counters from big box stores.

He's tickled because he's getting more then he asked for and I'm happy because I've got a happy handy man.To paint the inside of a home usually will usually cost $200-300 for labor and $50-100 for materials.

Then he repaired the roof himself for the cost of materials.