There are days when you'll have a light-bulb moment, a feeling of {{SIGH} "Hey!

Grading and excavating will be big $$ cost.Don't go into anything too lightly and yes it takes a LONG time and LOTS of research to properly develop a property.If you were building a new house (where utilities are already ran) you will be getting 120-140 sf cost from general contractor.

You have to keep in mind the exit values as the rehab costs are affected by the values of the homes.For instance, on one of my $1.2M exit values, I would consider $100k to be average to light in rehab.I just did a $50k rehab on a $550k exit and it was a regular, average rehab.Based on your averages, you would have estimated this as a tear down.In summary, don't rely on averages and dig into details concerning rehab estimates.

And perhaps a solid light grey ceramic tile floor?

I like the idea to inspect the areas you cant see with a big spot light after dark.

Only those willing to cheat, cheat, starting out (or thereafter) if integrity means anything to you I suggest you have the public see you in a good light!

Light industrial next to the airport, apartments close to colleges, retail centers on major cross streets, office buildings on "prestigious" streets, would all seemingly meet, individually, or collectively, a dream portfolio.We have all sorts of formulas for analyzing real estate investments.

A lighting bulb just pops out of nowhere and I was hoping if you guys would ponder why I would just say that.

I point out the water saving toilets, efficient radiators and row house configuration, the energy efficient windows and light bulbs.

.- In terms of materials prices, go spend an afternoon in Home Depot, and get a feel for how much things cost -- everything from lights to faucets, to sheetrock to bathtubs to doors to windows.