The units are cashflowing about 800/month in total and we have approximately 15,000 in our real estate account. 

Is it out of line in the case of slumlord/neglectful ownership to just ask the tenants if you can get a peak at the place, maybe snap some pics and get a soft estimate before you submit an offer?

(approximately 19.5 years fromclosing) My note would be collateralized by an all inclusive trust deed on the subjectproperty.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.

I'd like to think I'm estimating on the low side, but I really don't know for sure.

Lol) If you get it from BP from the menu above rather than from Amazon, you'll also get 'The book on estimating'.

We have the capital to invest with a partner, but we need someone who is experienced at estimating the costs, managing contractors, etc.

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider the No Money Down book by Brandon Turnerhttp://get.biggerpockets.com/nomoneydown/Download BP’s newest book here some good due diligence in Chapter 10.

Would you call an appraiser or find a contractor to give an estimate on the repairs?

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookConsider checking out HUD homes for small multi's owner occupied gets first crack.Download BP’s newest book here some good due diligence in Chapter 10.