Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

This being said, that would justify only a reasonable price increase caused by the cost of materials.

Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.

The materials charge was $180, and from Google I'm reading that a 400% markup on parts happens sometimes.

Are you estimating that building will be more profitable with the higher material prices and the added challenges of getting a certain type of financing together with the time constraints to minimize holding costs? 

I think we can promote in this posting is only for Real estate questions. 

I never received a single response from an actual property owner — just self-promotions from PMCs or people affiliated with PMCs.

But you don't qualify for material participation if you are a passive investor in a syndication.  

Shortages of construction labor and material will also have a major impact upon pricing. 

Just wondering if there are good internet guides out there to help new investors understand steps in renovations and lay out scopes of work and materials needed so we don't miss anything?