Rehab Scope
Translate what is wrong with a property into a work plan and a number the underwriting can trust.
When to use
- A deal needs a rehab estimate before the offer.
- A purchased property is ready to plan into work.
Steps
- Walk the property and list every needed repair.
- Separate must-do safety and systems from cosmetic upside.
- Cost each line from real contractor rates, not guesses.
- Sequence the work and estimate the timeline.
- Add a contingency for what the walkthrough missed.
Output
A rehab scope: line items, costs, timeline, and a contingency, following the [[Buy box]]. Feeds the underwriting; spend waits on the operator's approval.