Contractors, unless you have a working relationship with them, normally do not want you bouncing ideas off them.Understand what their hourly rate is, have a discussion with them that you are okay with paying them an hourly rate if they walk the property with you and provide you a scope of work along with an explanation of what you can/can't get away with in regards to improvements.ask them if you go with them, if they can credit you the amount that you paid.Once you develop a working relationship with a few contractors, you can bounce ideas off them and expect quality responses.I do not invest in New York.Best of luck. 

I'm trying to understand how they collect data so as to develop the best comping practices.

I looked into this at more than one occasion, because Milwaukee has such an old housing stock, everything is 60-120 years old.Most of the new apartments we see are 4 and 5 star developments with very high rents, this allows to offset the high cost of construction a little better.

Of course, this is all done before we spend money on inspections, etc.It's all about the relationship you develop with the team on the ground.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

If you don't have the funds yourself, you need to develop a solid relationship with those that do.

However, I’ve developed some rules for when I utilize a subject to or wrap transactions as both.  

lat=43.1688001618486&lon=-77.6159378282709 I’d also suggest considering whether you live or work nearby, so you can stay informed about any developments. 

So I'm in the early stages of developing a beginning strategy for myself in Las Vegas.

The macroeconomics are on fire here - population growth, job growth, and companies moving and developing here.