If discussing a different business operation, say buying a restaurant, immediately people won't think the value is just the market value of the location, the tables, the broiler, dishwasher, plates, pots and pans, right.

We have another pot set aside for more interior improvements. 

I think the #1 best investment at this time will be various pot-stocks because everyone is going to need some gummies on the regular soon.

@Alex Craig  I agree with you... one off out of area folks will never get that pricing.. but most if not all high volume turn key companies do get that and the same numbers you do.they all hire out the sub trades for mechanical  electrical and plumbing.. its the painting floors general labor that is johnny lunch bucket your not getting true finish carpenters in these homes... like we do with our new constructions that I build.those are great rates by the way.. best we can do west coast is 1/2 to 1 point and 5.5 to 6.5 on new builds... and a little better on reno.Where things on the west coast have gotten very competitive is in HML  you can get 1 point and sub 10% in many markets the deals are not as plenty ful and there is a crap pot full of money looking to do deals.

I just jumped thru hoops getting a $20.00 coffee pot replaced without charge.  

Appliances, flooring and the little features, like a pot filler by the stove and a glassed in shower with a fancy rain shower head in the master bath (instead of a tub and shower you would see in a Ramada Inn).  

But if you are older then I view the person as a regular pot smoker.

.$1,000,000 in Torrance - 1521 Beech Ave,Torrance, CA 90501 - 3 Beds 2 Baths 1,360 Sq Ft - Built 1927 Lot 4,275 - Prop Tax $12,696  $1,000,000 in Henderson - 1964 Larkspur Ranch Ct, Henderson, NV 89012 - 4 Beds 4.5 Baths 3,503 Sq Ft -Built 1997 Lot 8,712 - Prop Tax $ 3,636 - (1/3 the tax of CA)The property in Henderson is 70 years newer, twice the size, the lot is twice the size and the taxes are 1/3 of the Torrance property.Californians are "frog in the boiling pot" mesmerized.

(Including baking ware, crock pot, griddle, etc).

., I will throw my two cents into the pot and offer this advice.