Reverse engineering deals to get better comps
A fellow investor told me the best way to get a quick estimate for Reno costs was to look at the 'Permit Value' of comparable renovations.
For example:
This Flip: https://www.redfin.com/CA/San-Francisco/4261-23rd-...
Permit Value: $315K (https://www.buildzoom.com/property-info/4261-23rd-...)
Is this good advice?