Local developers who market that benefit won't tell you that.Also, I regularly see ads for large new condo developments so, if I was a buyer, I'd be concerned about overbuilding, especially given my previous remark.

We are looking at moving the stairs and have them go up front to back which means cutting through more side-to-side joists.3) Anything else in regards to this part of the reno that we should be concerned about?

This can help you make informed decisions and maximize your investment.Keep your wife’s concerns in mind and ensure you both feel confident in the path forward.

I am concerned about that kind of thing, since I'm the "big-city fat-cat landlord" (so NOT!)

Are you running out of breaker slots or are you concerned with overall amperage?  

So, I don't know the guy, or his business, but I do know his niche...land investing.So I can speak to some of your concerns about the way he conducts business and let you know that's typical of land investors.  

Thinking about retirement, health care is probably my number one concern.

Like I said in the original post, we are very much over asking here so appraisal is kind of concerning. 

As far as HOAs are concerned, “workarounds” were an option about 10 years ago.  

While your family member might have some valid concerns, there are definitely ways to address them and make real estate a successful investment strategy.Let's break down your family member's points and explore the counter-arguments:Interest Rates and Appreciation:Yes, mortgage rates are higher than they've been in recent years.