@Audrey Sommer I prefer investing in my local market (Snohomish County).

I'd be a hard no in their position.

Figuring out the true cost will heavily depend on the type of dig down, depth, and total square footage. 

You are correct that there is a lot of variability in prices.  

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.You need to get a firm grasp on two things: the ways to make money with real estate, and how to find deals that match your goals.P.S.

Not much there yet but there’s a gigantic project in the workshttps://www.mesadelsolnm.com/media

this is a direct relation to lack of inventory.. new construction on many markets is as robust as its ever been.. we have had spectacular years the last 3 years of course during covid was tough with supply chains but my 500k house I am now selling for 700k and my build cost have gone up by maybe 100k.. so record profits for us.. 

Licensed contractors supply materials and subsequently warranties.Also how would a flipper comply with assembly bill 968 if they supply materials? 

@Arun Maheshwari we work with clients to find turnkey rentals in Houston, DFW, and San Antonio in TX, but also have 8 other markets we're in across the Midwest/midsouth.

In order to work Joes program would take at least 5-10k.