If you got into it 10 years ago when it was essentially a dump, you would be a very happy and rich REI.Rents are very high per square footage; if you buy a condo, you're buying it at a premium most likely.

There are also fees for if you win called buyers premium... just account for those when you  make the bid and don't get blind sided.On a side note, I purchased one last year that was on an auction site... 

I understand that there is a premium the sponsor is entitled to and therefore they deserve an oversized chunk of the pie, but I thought given the amount of our equity contribution, our cash flow split should be at least 35-40% for us.

Premium price is the most important factor for me at the moment.Thanks,Jeremy    

I understand that there is a premium the sponsor is entitled to and therefore they deserve an oversized chunk of the pie, but I thought given the amount of our equity contribution, our cash flow split should be at least 35-40%.

((*side note* the MLS page had verbiage"All properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Terms & Conditions (minimums will apply).")) 

Should duplexs be priced at a premium, no premium or negative when compared to a SFH of similar size?

Insurance premiums?

., where labor costs are a big factor to consider in budgeting this out.What are the premiums you're achieving versus units without washer and dryers?

That’ll satisfy the 25% down payment but you’ll have closing costs, escrow account deposits, first year’s insurance premium, utility deposits, $ for needed upfront capX plus reserves.