What goes into Rehab Costs?
I am just starting out in analyzing and trying to get a lay of the land in REI. I am interested in the BRRRR method, but I do not have much of an idea on Rehab costs. I am not planning on buying anything yet, so I just want to get examples of what I could expect. Obviously, some of the capital expenses like roofs, furnaces, foundation, etc. can sway things one way or the other in a large way, but how about an entire remodel for a kitchen that has bad cabinets?
Here is a home that I found that I feel could be a good rehab project, but I would have no idea how much it could cost. What do you guys think?
https://www.redfin.com/WA/Tacoma/2116-S-Hosmer-St-...