I created a basic spreadsheet that factors in my local market's specific repair costs, holding costs, and typical days on market.

Timeline on a basic turnover is typically 2-3 weeks.

The Regulations contain an "anti-abuse rule" which basically prohibits breaking into multiple invoices "a single unit of tangible property."

You wouldn't hire a Property Manager without understanding the basics first (market rents, turn costs, NOI).

I just turned 20 years old a week ago and i've read a lot of articles, read a book, listened to podcasts; basically I've done my homework surrounding real estate.

(I’m still trying to understand the basics!) 

We don't have a formal construction background, but are capable of the basic work not involving permits.

Here is an article giving some basics, but it's not enough to draw conclusions in your particular situation.https://www.biggerpockets.com/forums/51/topics/1075919-five-...And, even before that, it helps to understand depreciation:https://www.biggerpockets.com/forums/51/topics/1121063-expla...There are many tax professionals on this forum.

@David V Flores, I'm guessing many people will tell you to get quotes and that may not be a bad idea for something this large but I'll give you another basic method to "estimate":1.

Over the last little while, I’ve been working on a tool for myself that takes a property address and some basic financing terms, pulls in data (schools, crime, rents, comps, etc.), and then runs the numbers for investment metrics like IRR, cap rate, cash flow, DSCR into a simple 10-year view with a rough Buy  / Pass style recommendation.