You can hire inspectors (like the ones who look before you buy) who will do "phased inspections" at certain parts of the project.

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Download PDF Edit Report Discuss in Forums Other Actions $1,500.00 Monthly Income $786.67 Monthly Expenses $713.33 Monthly Cashflow 12.53% Pro Forma Cap $10,024.00 NOI $18,480.00 Total Cash Needed 46.32% Cash on Cash ROI 18.26% Purchase Cap Rate Expenses Income 50% Rule Total operating expenses: $664.67 Mortgage expenses: $122.00 Vacancy: $75.00 Repairs: $75.00 CapEx: $75.00 Insurance: $150.00 Management: $150.00 P&I: $122.00 Property Taxes: $139.67 $54,900 Purchase Price Purchase Closing Costs $2,500.00 Estimated Repairs $5,000.00 Total Project Cost $62,400.00 After Repair Value $80,000.00 Down Payment $10,980.00 Loan Amount $43,920.00 Loan Points $0.00 Amortized Over 30 years Loan Interest Rate Monthly P&I $122.00 Total Cash Needed $18,480.00

They had great variety and the people who were sponsoring those Meetups were actually doing various local and sometimes large RE investment projects. 

IE. heating system, roof, windows?

New roof?

Simple example: if you need a new roof in 10 years and you know it will be 10k, you know you need to set aside 1,000 per year.

The house is almost finished but won’t qualify for FHA or VA financing due to it still needs a roof.

I understand that there are many ways to finance a buy and rehab project.

I've done projects in inglewood, compton, etc and higher end areas.