Following your logic, we shouldn't need a license to drive a car or practice medicine.

Remember, this is very basic...and these can get quite complex and detailed depending on the scope.These were;Demo/ cleanoutPrep & drywallPrime and paint all walls, ceiling trimPrime and paint cabinets- add new hardwareInstall new counter tops, sink, and faucetInstall LVP flooring in bath and kitchenCarpet squares in living and bedroomsReplace all light fixturesReplace all plumbing fixtures (sometimes toilet and sink/vanity)Add medicine cabinetRefinish shower/tubAdd wainscot and top railAdd new door hardware throughoutInstall new appliances...If you are planning for exterior work like replacing a roof, masonry work, adding siding or windows and doors your budget will double...if you are replacing mechanical systems like furnace or a/c or water heaters...your numbers will change drastically …Most of this stuff can either be estimated per unit or sq.ft. and you can get 80% accurate and build in contingency...What is the type of property, the sq.ft. and is there exterior and interior work...what about the structure...is it good...drainage good? 

Originally posted by @Douglas Curtiss:“pediatrician looking to transition out of medicine into real estate investing”.  

In other words, the medicine you take for the disease will kill you.

We took one similar to your posting of an old medicine cabinet and painted the frame white.

If a thousand people read the same posts about BRRRR and other posts/podcasts advising caution, some will be aggressive and some more cautious- different personalities and life experiences.To be a doctor or lawyer you don’t just need to understand how medicine and law work, you have to learn an entire terminology to go along with it.

Regardless, physicians are still in an amazing position to do very well for themselves, if only most of them knew what they were doing (it would blow your mind to hear the speculative nonsense I hear in the doctor’s lounge every day).The culture of medicine aside, I am truly amazed at the possibilities within real estate.

I basically just told my realtor that we’re gonna start giving them a taste of their own medicine.

Maybe you find that less money is coming in but also a lot less money is going out, no car payment, no insurance payment, all my medical care and medicines are covered by the VA for me , being a veteran, my house is paid off so no more rent or house payment to make.

The tipping point would be when the average American can't get basics like food, medicine, or shelter and is forced to choose between starvation and death or violence.