On a typical cosmetic repositioning, expect to spend on interior and exterior repairs between $1,000 and$4,000 per unit. Above \$4,000, it’s becoming a major repair job, and the risk is going up. The more repairs, the more unknowns you may uncover. That means you could end up spending more, taking longer, or both.
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owner: Redemption - (no access) - [David_Lindahl]_Multi-Family_Millions_How_Anyone_(b-ok.org).pdf, p121