Does the unit have textured ceilings and over 50 years old? 

That's what it takes to get a project through the life-cycle of 6 - 8 months and then sold.  

I've been working with job titles like construction project manager, who doesn't know a lot about construction but coordinates architects, engineers, GCs etc, the VP of RE management, who also does not know a lot about construction but oversees site selection, lease negotiations, property management, RE accounting who writes my checks and does annual CAM audits, and other jobs like that.

When market shifts they do not meet those projections.

We have a lot to be excited about in our market! The gift that keeps on giving! 

And at the end of the day, using your example and disregarding percentages: if you could buy this all cash, instead of "maybe 20-30k" you would make $70-90k, based on your projected profit and anticipated financing costs.  

Also, the sooner you can plug in actual numbers rather than projected, the sooner you can determine whether specific deals work or not.

Some of them might even will let you walk their projects. 

Happy to chat about your project to see how we can help. 

Especially for projects expected to be stabilized within a year that are refinance candidates.