You can be building the same Project Design on two corners of the same intersection and have a completely different outcome for the scope and therefore the cost of the work for each site.Corner “A” may have a nice flat surface, positive soil conditions and all utilities proximate to the site with available capacity.

@Ryan Williams - on the surface, this looks like it could be a good deal, however it would be nice to get more information.

Mold on every surface, mold behind every wall, mold on the insulation, every metal corner bead rusted out, window sills rotted out, framing rotted, floor joist rotted, holes in the floors, no cabinet or door attached, plumbing leaks, tub cracked, rats/cockroaches, cat pee everywhere.

Not too familiar with 1031 exchanges outside a surface level understanding. 

Granite/hard surface will take much more abuse but will cost much more. 

It's borderline a hoarder home so about every surface needs something.

I looked at a couple in Ft Lauderdale that seemed OK on the surface, but when I saw a quarterly statement there were months where the owner owed the hotel money, lol. 

What I don't know is anything about attracting guests to units that do not have these Class A finishing surfaces.

It is basically a vinyl tile that you "glue" on to the existing surface.

I have not even scratched the surface here on how this all happens so its best to get educated.