You are spot on that good design and other aspects like optimizing communications and your listing in the algorithms are critical for maximum profit.

Stay focused on these two key aspects.

The appealing aspect here is the ongoing population growth and other economic factors.

Our agent wants us to counter much higher take a chunk down and carry $4MM @ 10% until the construction loan or a deadline we define ( should be quick ) What are the risks vs a cash offer? 

Hey Val, I'd like to touch base regarding the title aspect of RE.

One of the most thrilling aspects of this industry is the opportunity to optimize pricing strategies to maximize revenue from each property we manage.

@Amity Word, I think the term equity needs to be clarified/defined.

I've seen that too which is a little sad considering that's one of the things I miss from working in my old large public firm.I can certainly see where you're coming from and I was wondering myself on how the SUoP would be defined since there isn't really a standard definition defined by the IRS with regard to construction/renovation.

My advice would be to define your investing strategy and go from there.  

I'm treating the symptom of having a long walk to the beach when I should be treating the problem of not being close enough to the beach.How do you define walkable to the beach?