I run a local GC / repair business in Indianapolis, and I went back through our own submitted inspection reports, repair requests, BIRs, addenda, and estimate requests.

This is not a national benchmark. It is just local operator data from the kinds of reports and repair requests people actually send us.

The median report-backed repair estimate in the local-heavy data was $14,447.

Not the worst case. The median.

The useful pattern was that the inspection report and the repair request are not the same thing.

The report says what looks wrong.

The repair request shows what buyers/investors actually need priced before retrading, asking for a credit, or walking.

Strongest asks:

- safety

- water risk

- structure

- major systems

- visible rot

- licensed-contractor work

Weaker asks:

- isolated paint

- trim

- drywall

- flooring

- general cosmetic punch-list items

Unless those items tie back to moisture, movement, safety, or remediation.

For OOS Indy investors, I think the practical framework is:

1. What changes the rehab budget?

2. What changes habitability/safety?

3. What changes lending/insurance/closing risk?

4. What is normal punch-list noise?

Curious if this lines up with what other Indianapolis investors are seeing after inspections.