What you should consider doing is to ask your potential lender and let them tell you if they are willing to lend on that property.Our methodology is to add up the town population to all the other towns in a 10 mile radius and see if it adds up to 30,00k.

Also, as property managers we have our own methodology to screen guests.

Hi Jaron, thanks chiming in with questions, would love to share my methodology!

It includes, among other things, a comprehensive map of the Cleveland area, grading each area from A+ down to F, using a consistent, objective and transparent methodology using publicly available data.

How much and through what methodology.

Many a book would be needed to provide the methodologies of success and many do write them.

If this is in California, you plan to use super high end fixtures, and hire artisan contractors, with all permits and all issues accounted for, you're probably looking at about $400 per square foot.If this is in Atlanta, you plan to use the lowest end materials you can buy, hire day laborers, not pull permits and ignore any issues that are not purely cosmetic, you're probably looking at $10 per square foot.If you're somewhere in between, probably somewhere in between.Long story short, there's no way anybody will be able to tell you how much the renovation like this will cost without knowing specifically where you are, what type of contractors you plan to use, what level of materials you plan to use, and what the specific scope of work is.But, if you check out the BiggerPockets bookstore, they've got a great book on estimating rehab costs and the methodology that goes into figuring out how much it should cost.

If the median rent for the size for the property and the area will not allow for 20% - 25% cash flow then it is probably not the best investment.Hello Ben,I do not understand your methodology.

From a methodology standpoint, I would buy/rehab an empty property first first then choose to either Section 8 or rent to complete the BRRRR.

It's a solid methodology--see here for a 60 min overview and here for his free Udemy course.