I agree that choosing a style that enhances the property's appeal is key.

Hopefully you at least built some good industry relationships while going through this exercise.  

In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION.

Best exercise is going on a job site and working with a contractor line item on pricing.  

.--- Tactic 2: Quality and Aesthetics: He emphasized high-quality construction and appealing design, enhancing long-term value.--- Tactic 3: Strategic Land Acquisition: Bren acquired land in strategic locations, often before areas became highly desirable.3.

I could have easily paid for it, but I did it myself for the exercise.

That, to me, sounds like an attempt to get small monies to fund other things, but will not enhance the other parts of your business.

While I'm not certain about your current real estate objectives, I can assure you that this is an excellent platform to enhance your knowledge and connect with others in the field.

These improvements included updating essential systems, modernizing the interior, and enhancing curb appeal, all of which dramatically increased the home’s market value and buyer appeal.

You can use computer data to help you avoid areas and in fact its not a bad exercise to compare the data to a prospective area vs your current area.