The furnace and water heater were in good shape, but the AC was gone and it became clear that we had to do something about the huge fireplace.It was way too big for the living room and felt completley out of proportion.

You will need almost 20 feet of compacted fill to bring the back line within a 4% grade of Middlebrook.

Both have a heat common area that is proportional to the number of units in the building, so I wouldn't think that would cause a huge difference in cost per unit.

But that proportion does not seem right.

People can nay say all they want, but we're in an experiment of epic proportions; that much is certain.

It's the proportion of assessed value to the whole that drives what we pay in taxes. 

At least a compact unit has to get in and out these basements easily.6.

Could you have bought a run down off market property and lived in it for 2 years while you did the repairs yourself to save money and come out with proportionally more equity.....yes.   

That said I suspect the easiest way to structure the deal is to create an LLC where equity is distributed between the owners in proportion to the capital being contributed.I hope that helps.

Determine the proportion of the assessed value of your property attributed to the dwelling structure.