• ~ $20 per sq ft

    • Property is habitable
    • Cosmetic updates only
    • Paint
    • Flooring
    • Fixtures
    • Minor landscaping
    • No roof, HVAC, plumbing, or electrical replacement
    • No permits typically required

    Use case: Light flip, rental turn, quick refinance

  • ~ $25 per sq ft

    • Property is habitable but dated
    • Kitchen remodel
    • Bathroom remodel
    • Window replacement
    • Minor HVAC/plumbing/electrical updates
    • No full system replacements
    • No structural work

    Use case: Strong BRRRR candidate, solid value-add

  • ~ $30 per sq ft

    • Major systems failing
    • Full roof replacement
    • Full HVAC replacement
    • Repipe plumbing
    • Subfloor / drywall replacement
    • Full kitchen + bath rebuilds
    • Multiple permits required
    • Structure still viable

    Use case: Heavy rehab, high margin if bought right

  • ~ $40 per sq ft

    • Not legally habitable
    • Condemned
    • Fire or flood damage
    • Structural failure
    • No CO
    • Utilities off
    • Environmental hazards
    • Severe vandalism

    Includes:
    • Structural reconstruction
    • Full mechanical replacement
    • Remediation
    • Exterior envelope rebuild
    • Engineering reports

    Use case: Deep discount acquisition only