What's a Good Minimum Rehab Cost Estimate??

[Zachary Schimenz]

I'm going through the process of analyzing properties to see if they'll get a good CoCROI. Most of the properties I'm looking at are in relatively good condition (i.e. NOT fixer-uppers or foreclosures). 

When you guys estimate costs, do you have a "minimum estimated rehab cost", meaning even if the house is in good condition, there's a good chance you'll have to do some touch ups, maybe some new paint or carpeting before you start renting it out?

Thanks and let me know, I appreciate it!

[Jason D.]

@Zachary Schimenz if you know what it needs, I would put an estimate together based on those things.

If it needs nothing, I estimate $5 sqft.