And in those neighborhoods, you may be the first tear down, never a great position to be in if resale is part of the plan, I do some work with Habitat for Humanity and we have been able to get some lots for under $200,000 but these are not lots that would support a new luxury build. 

As Tom said, the natural target is very high-end luxury homes, but I'm wondering if I might be able to bring such a tool more down-market by taking some of the risk out of the process.

The ARV is pegged at $1,200,000 supported by nearby comps.I'm currently underwriting a 4bd 5ba luxury home that is approximately 3,000 sf in a Southern California affluent inland neighborhood in Los Angeles County.

If you want to sell luxury homes,  kw is the place.  

Washington is a tax deed state and ultra competitive like the foreclosure auction.

(Doesn't have to be big or luxurious...) 2.

Obviously, people will always need a place to stay, but they might not necessarily need luxury vacations when times are hard.Still, all things considered and all other factors remaining the same....

While I'm remodelling, I try to stay away from anything that is 'in' or newly popular that I think will eventually be unpopular again.What do you all see that is ultra popular now thay will eventually be seen as just awful?

He is the ultra runner doing all those 100 mile races.

Obviously they aren't in the lap of luxury but they are not in areas Id be afraid of after dark. 85710 and 85730 are pretty solid areas with older homes and no HOAs to deal with, unless you look in a development.