The rehab is roughly 40% complete, with key items like the roof, electrical work, floor, and exterior prep already checked off. At this stage, it seems the project is shifting from the heavier upfront work into the early phases of finishes. Encouragingly, everything’s still tracking under budget, which gives some breathing room as things progress. All required inspections have passed to date, and the contractors have been showing up reliably and getting work done on schedule—definitely a good sign. The owner has also started early conversations with a realtor, which is a smart move to stay ahead of the listing process. Overall, the project seems to be moving in a positive direction, with a few key milestones already behind and a clear path starting to take shape ahead.