My 2 cents (actually more like 15 grand-25 grand)

[Bill Vaughan]

Well Well Well, my property manager just called and he guesstimated rehab #3 at 30-40 grand when I was expecting 15.

Lesson, an inspection is really nice and I strongly suggest one for people starting out. BUT you also have to consider aesthetics. Sounds like we might have to gut 2 bathrooms and a kitchen.

I strongly suggest for all newbies getting alot of experience estimating costs not only considering what is needed structurally but also aesthetically.

Thats just my 2 cents( or 15-25 grand) depending on how you look at it