Yep, the real estate there is stupid expensive and super expensive to build, get materials there, and there's a shortage of actually private real estate, so it's rough. 

The lower end flips are easy to design and source material, mostly cheap RTA Shaker cabinets, LVP, etc.  

I'm skeptical you could do a 4-plex for $775k all in, particularly if you're building in Alaska where everything is much more expensive - from materials to labor.

Two, we don't advertise ARV numbers or Rehab numbers on our marketing material. 

Generally a church in the neighborhood is a willing donee because they can use sweat equity and donated materials to make the property habitable again and either sell it or rent at below-market rents to someone in the church who needs that assistance.

We made some adjustments to our pricing earlier this Summer 2022 to reflect some material pricing changes that we have seen.With that said, construction pricing can vary substantially based upon many factors including the project location, property type, specific SOW, material selections, contractors used, season of the year, etc.In fact, pricing can vary substantially from investor-to-investor and every investor will have different prices they use. 

Since LA has banned STR for more than 90 or 120 days, requires one to live in the property for 9 months or so and ADU's or guesthouses cannnot be used as STR, how does a host pass the Material Involvement test?

Or could another broker at my company list and get paid commission so long as the company doesn't retain any profits and just acts as a pass-through entity to pay the other broker? 

“If you wish to move away from your property built with a JADU but still retains ownership of the property, the JADU can no longer exist.

I wouldn't buy a brand new home from brand new builders that do not have enough experience or those who use cheap material.