There's not a lot of info in books or online re: waterfall.

At the moment I'm in the EU and as soon as COVID calms down I'll be there, otherwise, I have a partner that lives in Vail.

Further away is Hayden Falls, which has an actual waterfall (well a central ohio version of one).

The question here is, should we wait for the market to calm down?

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

I would be more concerned about the GC being prepared for the inspections, and then for you and your GC (and designer, if you have one) to be quick with responding to any inspector feedback (either by making changes or by calmly explaining how what you did is actually correct/permitted -- you'd be surprised by the things inspectors ask for that aren't actually required).For LADWP, are you upgrading your main house meter or adding a second meter?

I am a homebuilder in the Houston area and 140$ per square foot would include finishes such as 10 ft ceilings, calacatta waterfall cabinetry, tile in all of the bathroom walls, freestanding master bath tub, waterproof laminate flooring, 8 foot doors everywhere, etc.170$ per square foot and you start getting into the custom luxury home market.200$+ would include large porch areas and patio upgrades, maybe even a pool.

He owns CALM Investments and operates out of Phoenix and Tucson AZ (at least at this date).

I think you have a very calm demeanor from your writings, and applaud you for your ability to take criticism from all of us armchair quarterbacks.

He came across as a calm (not hyped up, exaggerating persona).