@Tanner Johnson While the rules can vary greatly among different jurisdictions, many villages/cities will require the primary contractors (HVAC, Electrical, Plumber) to be Licensed to do the work.

It varies from $500-800.

From there you can create your own list to keep track of varying prices in your market.  

Either way you are focused on a project that has a high degree of difficulty, especially for a newbie.Personally, I think you would be better off finding a house that is good shape, in a neighborhood where prices are $80-$100K (not in the war zone), and ones that will have good cashflow. 

Lenders want to see some sort of skin in the game, varying from about a 3-5% down payment minimum for an owner occupied home

The city is varied in its neighborhoods.

But, there are many degrees of foundation issues.  

Each of these introduces its own particular type of volatility, so in the long run you may find that your mileage varies.

When we talk to sellers, we usually try to present them 3 offers varying in purchase price.

Realizing that there is a lot to learn to be taken seriously in this business and that books can only get you so far since markets and areas vary.