If you do a zoom I'm totally down! 

Says ESTIMATED total of 9,100.

For now all 4 units are rented for a total of 12k/month.

This is an alternative approach for newly constructed buildings.RESIDUAL ESTIMATION APPROACHThis approach determines the cost of short-lived assets, such as 5 or 7 year property and subtracts them from the total project cost.

I just looked at a utility bill with a total charge of $184.12 but $116.50 is from base fees!

Totally agree with you and it looks like I need to get a business license to do the intermediate leasing occupancy (ILO) in SF.

Or if its a total bummer your client does not blow due diligence money on something that is not going to close.. this is very common when working with wholesalers who dont want to spend money on anything.

I was involved in two small infill developments in Michigan (about 15 houses in total) so two very small parcels. 

The total payment is about $2200 with PITI.

The lease cost is about $100 usd for the last 5 years total.