High end specs

[Dustin H.]

this is a bit of a double post but I realized after I posted there is not much activity in the development forum..

Does anyone have any experience with high end spec homes or high end rehabs in infill locations? If so, what are your thoughts and experience on this? Pencilling numbers, it seems that this is a better strategy than smaller houses because the margins are the same but it's simply better to have to build 1 house to make $300k vs building 3 houses to make $100k. Thoughts?