I am looking for GCs that can do SF and MF, can do a new building on raw land, full rehabs of beat down properties, and touch-ups, and require little supervision.These are some characteristics of what I find is a good GC: Provides estimates of rehab works that come reasonably close to actuals (firm bids would be a plus).Is able and willing to do cosmetic work as well as studs-deep rehabs.Has a dependable crew(s) and is known to hit targeted completion dates.Is knowledgeable of Houston / Harris County permitting and inspection requirements.Please PM me or email!

Also, when I look at cost of raw materials and labor they are going to continue to drive up costs.

Sorry, I should mention that I have the property under contract for 185,000 should anyone need that to help understand the raw numbers.Scott

Raw Cap rate ROI3. 1 year ROI with equity net Cap Rate4. 2 year ROI with equity net Cap Rate5. 10 year ROI with equity net Cap RateOnly then can you compare properly to the stock market for yearly return.

The good thing about it is the raw data available in the MLS.  

He says every time you flush the toilet the air starts to reek of raw sewage and you can see bubbling on the ground above where the pipe is.  

The raw numbers are combined value 1,070,000, loan desired $810,000, gross income 134,900. 

I put your comps and those that are for sale around them in realtor.com or zillow's pictures to get a better handle on qualitative differences such as floor type, countertop type, appliance quality, etc...Once you identify what's different you can then see what a particular difference translates into in the form of a raw dollar amount.

THis is common when they have a non industrial size property with a  home on it and a RE agent just comps it like its a home. and has no clue to the timber value.The other way you make spreads in raw land is conversion of use..

The report I was looking at, the following were our 2q08 #'sFor all homes in BK, the median price was down 6% and the medium price was $521kThe average price was down 2% with an Avg price of $569kSales were down 29%I believe the raw data comes from the Dept. of Finance in NYC, but everyone's report will be slightly different.