Reading the book Flip they have a rule of thumb chart for quickly estimating the cost per SQFT of rehabbing or remodeling a home.
Here is how they chart it.
Standard finish rehab - $15
Designer finish rehab - $18
Standard finish remodel - $25
Designer finish remodel - $30
Is this accurate or something anyone here uses for a quick idea of whether a property is worth further pursuing?
Also in the book I can't tell if they include new floors in a rehab but I assume they do.