I have followed it, read the forums, listened to to podcasts but its finally time for me to get my own foot in the door.

Refinance it from "foot in the door" financing to permanent financing once you improve it a bit and force the appreciation. 

Rebuilt only to have Hurricane come 9 months later with 5 foot of water.

I am curious if anyone could share (other than Google) their actual costs of a new construction build cost per square foot here in Denver Colorado.

Looking for property less than 500K and 4000 square foot + that I can update and flip.

When I averaged out the SQ footage it came to about $360 per square foot.

Couple articles about it https://www.bakersfield.com/columnists/robert-pric...https://www.bakersfield.com/news/amazon-plans-million-square-foot-fulfillment-center-next-to-meadows/article_3f1ae04a-aa28-11e8-9258-479cabb00bdc.html

Was it because it was told to everybody that the seller was trying to buy another home based on him selling his home, which nobody wants to touch with a ten-foot pole. 

My second spreadsheet is mostly pulled from census data/trulia/zillow (so I take the numbers with a grain of salt) but it lists on the X axis the zipcodes as well as the county as a whole.On the Y axis it lists: average listing price, median sale price (90 day period), median sale price versus last year, price per square foot, price per square foot versus last year, median rent per month, vacancy rate, annual property growth value, number of rentals on the market for that month, median rent versus last year, median rent divided by 1BD/2BD/3BD etc etc, median age, median household income, school districts, single residents, college educated percentage, percent home owners, population growth etc (there's more but I feel this is sufficient to get the point)3.)

I was talking to my banker in Hillsboro and asking them how the other builders are doing  and its slow across the board.. and I think what you seeing Is pricing finally starting to level off.. which will mean subs will have to quite jacking their prices and lumber will have to calm down or building is going to slow a lot .Now one thing that was floated at least in our area here is this was the first summer that many finally felt financially safe enough to go on that extended vacation that they had been putting off so foot traffic is way down.. and I know when I go to PDX I am usually parking on the very top floor :).. and airline tickets to Hawaii have doubled and tripled .. so we know demand is there.