I have often seen many people love the idea of building, but once they figure out the cost, those ideas change.For reference, here in Chicago, you can expect new builds to be between $200-$275/SF depending on MANY factors...that's just a very rough ballpark!

Now, if you're buying in the name of the LLC and you're doing a DSCR deal, that will be irrelevant.

The $500 plus install is probably fine, the $3,000 one is probably stupid.

Get 3 quotes for the whole project and compare them together.

While both involve shared spaces, the way ownership works is entirely different, and it can impact your rights, control, and future flexibility.Who Really Owns What?

I'd just send the notice in this case. 

Remember, it's not about meeting all the right people; it's about meeting ALL the people.  

I feel like I’ve walked the street without ever having been in the state.

You are dealing with a real estate transaction and there is a lot of liability and exposure, especially for the inexperienced.

I’d like to discuss it with a realtor, but I’m worried that if I disclose the deal, the realtor could bid against me on the property.