A $35k rehab budget is less than $10/sf, which means you're only doing cosmetic updates. 

With that being said, if someone is going to "go down to studs" I tell them they don't need my services, but if they are going to do cosmetic to medium sized rehab, on their retail end anything they don't find and fix is going to bite them in the butt.On the other hand of the equation for a Wholesaler just getting started, having a Home Inspector who can give them a scope of work, and verify what the home needs is going to give them instant credibility and higher priority when trying to sell their deal to their buyers list.

With that being said, if someone is going to "go down to studs" I tell them they don't need my services, but if they are going to do cosmetic to medium sized rehab, on their retail end anything they don't find and fix is going to bite them in the butt.On the other hand of the equation for a Wholesaler just getting started, having a Home Inspector who can give them a scope of work, and verify what the home needs is going to give them instant credibility and higher priority when trying to sell their deal to their buyers list.

I am partners in these ventures, but I still need to take some mandatory time each year to check on them, have LLC meetings,  and schedule routine maintenance.   

The ARV, assuming a full cosmetic rehab, is somewhere between $165,000 and $170,000.  

And the gurus routinely come here to Dallas and put up slides showing $40K wholesale deals.  

Between all of these resources you should be able to have a fairly accurate picture of expected rents.If the units need repair, you can figure at least $2000-$3000 for a cosmetic rehab, maybe more depending on materials used.

We buy property that has untaped potential (cosmetic repairs, short sales,etc).

Considering doing even the most basic routine things is difficult or impossible now, or very painful, this would not be desirable.I'm considering posting about my progress in the 45 day challenge in my blog from time to time.This post has been brought to you by my left hand.

Most courts view associations as the big, bad wolves who routinely overstep their bounds so you've got that going for you, though you won't be able to rely on that alone.