Correct.

Along the same lines, the buyer who can barely qualify for the entry level SFH is acutely aware of their cash shortage and therefore are going to be less accepting of household features near the end of their useful life, even if still functional and have a stronger desire for anything that is listed as a deficiency on the inspection report to be corrected. 

If you are able to do this at the municipal level and your numbers are correct, this would be a good investment, but there are a bunch of assumptions here.

Right now, we’re seeing a slight increase in inventory and some corrections in rents, which could create opportunities—but achieving solid cash flow on a condo can still be challenging.Getting pre-approved is a great first step to narrow down your options and focus on locations that make sense for your goals.

In our trade, I would not expect any owner or GC to get this correct since our industry is extremely specialized.

I am curious what is a market correct "finders fee" for bringing the company deals we are able to close?

Red River Gorge...New Mexico, correct?

Is this correct?

I had my husband request membership to see if he can message the admin the correct information in that group.  

You are correct, that this has long been the conventional figure used to estimate cost for buildable sf in NYC.