Run a renovation from scope to closeout, and test the numbers first
Everything in IIRED Fundamentals, plus the Rehab & Contractor Playbook and the Project Feasibility & Funding Toolkit.
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You make money when you buy. You lose it during construction.
You realize your profit when you sell, but construction is where projects go sideways. Lenders know it, which is why construction loans cost more than permanent financing. Cost overruns, contractor disputes, rejected draw requests, missed inspections and schedule delays don't just erode margin; they can eliminate it. Rehab Essential is your operational shield for that stage.
What's inside
Glossary of Terms & Acronyms
More than 190 terms and acronyms used by lenders, architects, contractors and municipalities. Learn the language of development in the time it takes to read it, instead of the years it takes to pick it up on the job.
The Contractor Procurement System
A step-by-step way to bid, select and contract your builders: finding and screening contractors (with the Red Flags framework), vetting (with the Reference Call Script), pricing models and bid evaluation (with the Estimate Comparison Matrix), negotiation strategy, and contract structure and administration.
12 worksheets & templates
- Contractor Screening Checklist
- Contractor Documentation Review
- Walkthrough Evaluation Form
- Estimate Comparison Matrix
- Reference Call Script
- Construction Contract Checklist
- Scope of Work Builder (sample)
- Payment & Milestone Schedule (sample)
- Day One Setup Checklist
- Weekly Site Visit Report
- Change Order Form
- Punch List Template
The Rehab & Contractor Playbook
Volume II of the IIRED Independent Developer System: the execution manual for the construction stage, where cost overruns, contractor disputes, rejected draw requests, missed inspections and schedule delays erase margins.
7 field-ready forms & checklists
- Tenancy Determination & Site Clearance Checklist
- Schedule of Values Template (sample)
- Draw Request Checklist
- Site Visit Log
- Punch List Template
- Project Closeout Checklist
- Retail White Box Specification (sample)
Project Feasibility & Funding Toolkit
Test the numbers before you commit, so schedule delays and scope creep don't quietly eat your profit.
7 worksheets & checklists
- Property & Site Information Checklist
- Zoning & Site Feasibility Worksheet
- Feasibility Quick-Calc Worksheet (back-of-the-napkin analysis)
- Capital Stack Worksheet: Construction Phase
- Capital Stack Worksheet: Permanent Phase
- Lender Packet Outline
- Development Team Profile
Taking on ground-up or full-lifecycle projects?
Developer's Essential includes everything in Rehab Essential, plus:
The 9 Stages of Development Playbook
The full lifecycle from site selection to certificate of occupancy, organized as nine phase-gates. If a project cannot pass the gate of a stage, it does not earn the right to the capital of the next stage. The nine stages: Conceptualization & Investment Objectives; Due Diligence & Feasibility; Design, Engineering & Permitting; Procurement, Team Tiers & Contracting; the 6 Critical Contract Clauses; Pre-Construction, Demolition & Relocation; Construction & Field Administration; Project Finalization & Closeout; and Project Delivery & Asset Operation.
Appendix checklists & forms
- The Full 9-Stage Phase-Gate Checklist
- The 6 Critical Documents Checklist
- Project Mobilization (“Muster”) Protocol
- Site Visit Inspection Report (daily/weekly log)
- The Professional Project Closeout Checklist
- 80-question final certification exam
Who it's for
- Investors taking on value-add renovations or small multifamily rehabs
- Owners who want a process for scope, contractors, draws and inspections before work starts
- Anyone who wants to test feasibility and funding before committing capital
Complete the required playbooks to earn a certificate issued by IIRED.
Built by a developer, not a marketer
I'm Thurmon Cohen, a civil engineer with more than 40 years in real estate development and construction. I monitored construction for HUD in Philadelphia, directed public housing and homeownership projects in New Jersey, and managed Bank of America capital projects at JLL. Most courses teach how to find and fund a deal, then stop where projects actually succeed or fail: permits, contractors, draws and close-out. IIRED teaches every stage, including the execution most courses skip.
Everything in Rehab Essential, priced
Retail value of each item, and what you pay for the bundle.
| Glossary of Terms & Acronyms | $97 |
| The Contractor Procurement System | $397 |
| The Rehab & Contractor Playbook | $997 |
| Project Feasibility & Funding Toolkit | $497 |
| Total if bought separately | $1,988 |
| Rehab Essential bundle price | $1,497 |
| You save | $491 |
Get Rehab Essential
$1,497 one-time · Immediate access · 100% secure checkout