What is your comfort level on construction - cosmetic, mid-level or gut to the walls?

Developed by Icade Promotion and Groupe Duval, the site is already 90% leased just months after completion, with tenants like Nocibé, a French cosmetics distributor, leading the charge.

As mentioned above, the builder is just going to complete any necessary corrective work as part of their pre-close punchlist.Here is an exact quote from one of my builders (49-unit townhome project) from a couple of weeks ago on the topic of third-party inspections:"•We will solve items that fall under the category of our Fit and Finish Warranty or any life-safety issues •Cosmetic or "recommended" items from the inspector may not be considered and are subject to Builder review and discretion."

I plan on handling most of the cosmetic updates and mechanical repairs, to a point.

Bottom line....nothing is "grandfathered in" usually, inspectors don't care about holding costs and there are very few cosmetic only rehabs that don't require some sort of inspection.

What size/type of contractor crew should I put in place to get things going (for 1-3 fam heavy cosmetic that does not require structural work, $300-500k ARV)? 

In addition, minimal cosmetic upgrades, painting, new décor and new flooring will add more value relative to its cost.

AND. ..if property also needs some rehab- new roof, some unit cosmetic repairs?  

If it is just cosmetic purpose rail road retaining wall I would like to get rid of it.

You could start with something that needs cosmetic updates rather than a full gut renovation to reduce your risk.Balancing Income: If your current job doesn’t provide a high income, leveraging real estate to supplement that could be a smart move.