Conservative cost estimates are one of the my safeguards to ensure that I don't lose money on my first deal.

I am not knocking anyone, you may be a little too sensitive and not focusing on the point of the post.

Whether you are a property owner or a contractor, it is always best to safeguard your position, in this matter.

In other words, from an economic perspective, this is another safeguard in the event there is a recession.

We do sensitivity analysis for instance and show investors changes in occupancy, rents prices, interest rates and cap rates and impacts to CoC and IRR for each project.

You will have an evolving document that has the safeguards you need.  

Commercial I think we be more sensitive as well.

Largest employers in that town3. political affiliation makeup4. gay population I remember Grant Cardone suggesting to invest in gay and Democrat communities because they are less sensitive to rent increases.PS ideally I would like to get this information above per zip codeThank you,jm 

This results in paperwork, processing delays and per-transaction fees that can add up if you are engaging in more time-sensitive assets or assets that involve a lot of transactions. 

You need to safeguard the stuff on a daily basis.