From our contractor:
Estimated Repairs: $8,000–$12,000
This is the cleanest property of the three and requires mostly cosmetic improvements. The front deck should be replaced, the exterior would benefit significantly from pressure washing, and there are a few roof repairs needed (or an option to install a metal roof over the existing shingles). The interior primarily needs touch-up paint, and the seller is leaving behind matching flooring and paint to assist with the updates.
From our contractor:
Estimated Repairs: $10,000–$12,000
The primary expense on this property is the roof, which has multiple soft spots and noticeable sagging and should be replaced. Beyond the roofing work, the house is mostly turn key the home mainly needs fresh interior paint and a handful of minor cosmetic repairs, making it a straightforward value-add opportunity once the exterior is addressed.
From our contractor:
This is the heaviest rehab in the package. The interior has severe odor issues and will require substantial cleanup and remediation before it is accessible for renovations. Expect a moderate to heavy cosmetic job, including extensive interior repairs, cosmetic updates, and likely additional mechanical and work as the project progresses. This property offers the greatest upside but will require the largest investment of the three.
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Potential Gross Rent
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