Quote from @Joe Mills: You are exempt if you meet one of the following requirements:Owner-occupied buildings Properties with four units or fewer that are owned and lived in by the ownerSingle-family homes Homes that are sold or rented without a broker by the owner, as long as the owner doesn't own more than three at onceIf those don't apply, then you must abide by Fair Housing and you must make reasonable accommodations for people with assistance animals.

@Joe S.

Quote from @Joe R.: Anyone with experience on Norada Promissory Notes? 

For a lot of things you can just look up material costs and assume the same for labor. 50% material and 50% labor holds roughly true for the entire project, at least for me here in Milwaukee, your labor cost will probably be higher in the Bay Area.100-125k spread would be tight, even for me here in Milwaukee.

However multifamily/hotels/mall/office asset class are extremely volative and too much rate-sensitive.It's no longer even about particular syndicator, basically some of your asset class can't survive interest rate.For average Joe and Mary, best advice is just to simply put money into SPY/SGOV or direct SF home ownership.

Quote from @Joe Budkiewicz: Quote from @Corby Goade: Quote from @Joe Budkiewicz: Quote from @Corby Goade: I own and operate a property management company- we don't mark up invoices and provide anything our clients want to see. 

As you do this more often, you'll be able to keep a spreadsheet of per square foot prices for materials and labor to get things done and you'll be able to estimate this yourself.

Hey Joe,Thanks for sharing your journey!

Quote from @Isadore Nelson: Quote from @Joe Hammel: Metro Detroit has what 99% of Real Estate Investors want.

This allows flippers, live-in flippers and regular joes to have another route for their financial or home owner goals.