I am estimating that would bring another $800 per month.

The issue is I cannot get a traditional loan due to the amount of rehab It will need to make it live able , and I don’t want a rehab lain because I want to do the bulk of the work myself .purchase price the seller has agreed on is 65k and my estimate it needs roughly 35k in Reno.

I'd estimate your maintenance costs should be at least 3x-4x what you have written down.

The overall process of marketing to get leads, working to find buyers, calculating ARVs, estimating rehab costs, and understanding the contracts has to be something you're willing to do and that you understand. 

I've done residential exterior service work for years and now do the residential estimates, so I have the upper hand when it comes to evaluating repair cost.

Hello, I was hoping you could help me clear up some confusion about estimating repair costs throughout the deal funnel. 

It's a single family I live in, estimated value is about 250k, mortgage balance 112k, two rooms are rented, that cover the mortgage payment. 1st option is to sell in 1-2 years. 2nd option is to cash out refinance now, lower mortgage rate and sell in 3-4 years.

You can use Zillow rent estimate or rentometer to get basic rent estimate to be your income. use you income - PITI-Other expenses(HOA, CAPEX,etc) then get your net cash flow.

(4) DOUBLE your rehab budget and your estimated schedule, especially if you have a full time job and you’re acting as your own GC.

Is an estmate based on 5% of the total rents for each bldg.; that was the estimate suggested by loan office from Bank.