@Jon Treskot Joe, what are you factoring in for expenses?

There are several factors that make a difference on this. 

I am externally eager to learn more and get my hands dirty, please advise if you have any recommendations in my local area.

So be sure to factor that in.  

questions you need to know the answer to:- what is the amount you want to be earning passively from your investments - what is the desired net yield you want from investments- what areas are you buying in & why (what does the data show on area stats & demographics)- what is your strategy (BRRRR, flip, wholesale etc)- who are the people who will help you get the deals on and close them- what are the risks in your strategy and marketplace and how have you minimised/factored them in?

Office property is a completely different animal influenced by different factors.

That doesn't leave me much wiggle room for closing costs when reserves are factored in.Please let me know if you have any ideas or referrals.

Several years ago we were looking for a new market to invest in.For us, the water street project was a contributing factor for us choosing to invest in Tampa Bay.If you invest where the big players are building you're more likely to do well.Starbucks sets up shop in areas that are growing. 

What factors do you look for most to decide what to offer?

Also I think, similar to permits, a 'reasonable' fee would not be inappropriate.In my opinion, a municipality can and should do periodic inspections (external only?