The cost of rehab will depend on your market and the price range.If you're in the Midwest, this is how I figure out quick repair costs based on pictures (keep in mind this works for the median price range of $100K to $250K) and if you intend to FLIP (fix-n-sell)- cosmetic improvements (paint, replace carpet with hardwood, new windows, landscaping) - $10,000- remodel (new kitchen, new bathrooms, appliances) - $25,000 to $30,000 (this will typically include cosmetics)- structurals (new driveway, new garage) + cosmetic + remodel - $40,000 to $50,000Since you intend to fix-n-rent, multiply the above numbers by 65%.

@John Bennett, The landscape of lending is always changing of course. 

Shifting demographics. 

I went to college for Landscape Architecture but focused more-so on site planning, project management, etc.

What I'm also interested in is depth of the market for new construction rental apartment development, overall marketability for 21-28 rental apartments, determining geographic boundaries, permitting/potential rezoning, neighborhood demographics, demand forecasting, market-rate rental analysis, and current/future project under construction that may pose competitive influence upon future residential development.

It requires a new roof, painting, landscaping, windows and whatever the inside requires. 

Given the location and demographics of my current location, there isn't too many valuable options, which drove me towards the decision to purchase new, even though it's not my forever home. 

Not all the landscaping, trim and finishes need to be installed.

Repairs, paint, landscaping, tear down and rebuild of garage, windows etc...

Improved outside landscaping with firepit, etc.