Used the rest of the funds to turn part of the front building into retail store fronts which leased for 150% more on a per square foot basis.

What is the average cost per foot to do those items, mainly the electrical, plumbing as well as all new sheetrock. 

Key lessons learned: use a cost-per-square-foot estimate from previous projects rather than relying solely on GC quotes, as they often underbid but end up costing more in the long run.The property is under a 2-year lease at $1,750/month.

That can run up to $1,000 a foot with most lots here being 75-100' in width. 

I feel like you only get one shot at a first impression with a potential client and I want my best foot forward. 

Higher cap rates, less population growth, the market is more linear and is stagnant.The key is to find markets that have a blend of both, such as KC, Omaha, OKC, Knoxville, just to name a fewGino

I know that if I could get my foot in the door that long term profitability is relative, but entry point here is much higher.

Price per square foot metric is one of the WORST metrics ever.Using that logic, two homes next to each other that are 3,000 square feet each should be the same value, right?

I would also add 10,000 per month of repair time to go from X to Y. cost of added value is never linear. 

Also, while we can show records of median list price and cost per square foot, those are not necessarily helpful in determining future appreciation because factors such as new home inventory can skew these numbers.