Set purchase price initially.  

The project overall has been drawn out quite a bit and has cost around double what I had initially estimating, but I definitely take most of the responsibility for that.

That could help even if it doesn't fully answer your initial question, I agree. 

I typically like to start with an initial phone call to discuss your investment goals/experiences, answer any questions you have, and tell you all about what our company has to offer.

You can estimate by calling paint contractors, drywall, plumber,etc and ask what they charge to do a room or by the square foot and applying that when you do your initial walk thru.I divide my costs into hard and soft costs.Hard costs are known costs.

@Joe Timko automation is good for initial followup, task management and trivial workflow duties that can be time consuming.

My question is, is this just due to an over exuberant market or is there a price point where the 2% rule for quick initial analysis is no longer valid? 

Add in the work-from-home situation and the Port Covington project may never materialize the way that was laid out in the initial plans.The same thing happened to Westport.

Assuming it is and the turnkey is purchased at 80% LTV, The BRRRR has an initial cost less than 50% of the turnkey.  

Pretty much everything I’ve purchased has been initially negative but through raising rents year, value appreciation, debt pay down, etc there are many solid investments if you hold long term.