The numbers may be 30-40% lower than today's cost, but the process/approach to estimating may be good for you to review.

You can always leave and repeat the process and rent out your old living area.  

Hi Ashley, We have found what works well for us, as well as our clients is to ask them during the on boarding process if they have any preferred contractors.  

Like you, I’m diving into books and podcasts, but I also believe there’s immense value in learning alongside others and gaining hands-on experience.I’m in the process of connecting with like-minded individuals to create a community of new investors who are eager to learn, share knowledge, and even collaborate on deals.

It can be a drawn-out process, but it might get you closer to that $500k value.

I'm at the very starting phase of this process.

Are they going to put you through hell during the process, and are you okay with it?

There is no mention that there are different templates for each state or anything like that.Second, the process he is describing is not even legal in some states, including Pennsylvania, where I live.

If you are just downloading data room info from brokerage sites and plugging into a model, you are refining your skills on the "act", which is certainly necessary and helps make the process faster.  

Create a short presentation that outlines your process and risk mitigation strategies.