Or a designer/architect looking for something new.What are your thoughts on what would make the best PM?

(I'm surrounded in suburbia by vacant strip malls and box-stores)Architects make pennies, and very few people are willing to hire them.

My ARV is about $5 million and my research shows construction costs would be about $300/sq/ft = $838,500; add soft costs (permits, architects, designers, etc...) renovation would be about $1 million.ARV= $5,000,000. x 65% = $3,250,000. - $1,000,000 (renovation) = $2,250,000.00 (MAO)The seller bought it for $1.8 million about a month ago, got the plans approved and is now selling it.I've done rehabs but never close to this price range.

I'm currently a self-employed architect and after doing some small projects around the city feel like it's time for me and my wife to jump out and give it a shot on our own.

Speak to a local architect and/or civil engineer, and smart real estate agent.

I got some, but some of them said the needed plans do do a good bid, and I needed an architect.  

My background is in construction, and my dad (who is also my partner) is a licensed architect.

But we were broke architects and even the $90k places were 1.

Hi Victoria,I am architect; in my oppinion the hardwood is more confurtable for living, more warm on cold weather.

I have met with an architect that has built a similar project.