I am also very involved in reviewing proposals, selecting subs, design, etc. 

That designation of “crisis” has been renewed without fail every three years and so the “temporary” crisis has existed continuously for 77 years.  

As a full service design-build firm, we are capable of so much more (full custom new builds and large scale renovations and additions). 

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Our lot has some slope to it which increases foundation costs and we were under a mistaken impression on sq ft cost when we started, so we designed something bigger than we needed.I will say costs have come down since then and we are moving forward. 

Pete initially and once I feel comfortable with the process, I can start to branch out to outside the area and even the state.

Through the years, he did some renovations and contractors checking into it says there's no record on file as to the designation.

As mentioned above it depends on the metro but I would make sure I was comfortable with the LTR rate before pulling the trigger on an STR. 

Kyle Zochert:Be very careful.In Texas, once a lien on property is filed, it is on file forever and part of the chain of title until it is released with a Release of Lien.You can research this yourself in the County records, and find a level of comfort depending on your experience with this.You can even buy someone else's opinion regarding whether or not there is a lien on the property.  

Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.