Running Diary of a 4-Family Rehab in Central Connecticut

[Michael Noto]

My business partner and I are closing a 4-family rehab property tomorrow in Central Connecticut.  I will be using this thread to post what we go through on a daily basis.  As soon as I can I will get some before pictures up of the units.  Feel free to ask any questions at all as the thread progresses and I will do my best

Here are some of the details of the purchase:

Units: 4 (all 1-bedrooms)

Neighborhood: C (working class NOT a war zone)

Purchase Price: $57,500

Estimated rehab budget: $23,000

[Nathan Emmert]

Can you give us an estimated SOW for what you plan?  I hear a lot of success stories on here but to me success is often measured by how closely you stick to your original plan.  Be great to see what you're planning, what you're estimating, and how you end up finishing against both the plan and your estimates.