I pay roughly $8/sq ft for labor and materials when having to put down durock (i.e. basements I just pay $4 to 5/sq ft)7) 1,200 light fixtures.8) 1k in plumbing repair (I just always include that line item)9) 1k in doors/knobs10) 3k in drywall repair (looks like very room is going to need drywall repair)11) 1,500 paintingThere's just under 30k.Still need to factor in if any repairs/replacements are needed for:a) Roofb) Windows (are they all ok?)

My rule of thumb is half the cost is in labor so you are below that so it sounds good but like I said, I'm not in your area.

@Joe Gore This seems to be a continual theme with you. 

Figure $450 for the box itself, a few hundred more for labor, and a some extra for any misc. expenses.Expect more (maybe much more) if anything complicated comes up, or they discover a problem.

Joe McCall, Joe Crump, Wendy Patton, Josh Cantwell, Realtor.com (http://www.realtor.com/advice/rent-to-own-homes/), Forbes (http://www.forbes.com/2010/03/19/rent-to-own-personal-fianance-real-estate.html), MSN (http://realestate.msn.com/article.aspx?

What is the best way to establish a rate to charge security deposit for repairs such as drywall patching and repainting if I do the work myself.

For more on the Liquidity Trap and turning Japanese (not the song) see this by Tyler Durden at Zero Hedge and more recently this from Joe Calhoun over at Alhambra Investment Partners.

@Wayne Brooks @Bill Gulley @Dion DePaoli @Joe Gore Just wanted to give a quick thanks to everyone who's shared their input on my original request for some basic info and "sanity check".

Joe Gore

It would not hurt to get some more price quotes, I think you have less than 300 dollars worth of material, so the labor is about 4500?