They demanded $12,000 right away or it would be much higher. 

The only real variable is the plumber (mostly because I only want to use the best companies and they're very much in demand so they're almost never available consistently) but now I think I've finally picked one I'd consistently like to work with - my wife became friends with the owner's wife. :-)So long answer but yeah, it always takes an army and I've taken the advice of those who came before me and have assembled (finally!)

Unless its in a A class area in a high demand city.

Are these vacant lots in a desirable, high demand area, where development is imminent?

The Palm Beach area is only going to continue to grow because geographically there is no where to expand (east or west) therefore demand will become higher. 

Huge demand for rentable SFH in good condition in the area as well! 

Demand- This is a topic that I always considered to become more relevant in the long term but Covid-19 has proved to many companies that expensive office buildings on the East/West coasts are not as necessary as they once were and are moving more to full-time working from home.

When you meet with the contractors, make sure to have them help you understand what you have, what will be required to repair and maintain what you have, and what you should be budgeting for future capital improvements, if needed.Alongside our inspections, we are putting together the strategy for the park, performing our rent survey, running our test marketing to understand the demand in the market, and creating the budget for the project.All the best,Jack

Augusta's proven to be a very stable market with attractive industries like military, medical, cyber, manufacturing, tech, etc.  

Decreased demand for starter homesFirst-time home-buyers will feel the effects of the mortgage rule changes the most, as they must now reach a higher level of financial health.