Is your goal to spec build, get into a MFR property or purchase, rehab & flip for a profit? 

It feels like this could be a profitable deal for a Spec House or something and maybe I just share the love and pass this potential deal to someone else? 

We are seeing spec 4-plexes where you can walk into a new construction without having to get the construction loan.  

From my understanding and very recent interaction with an appraiser for a large national lender- Appraisals are just comparing apples to apples: sq. footage, property specs- baths/beds, basic features.So- I'm going to actually disagree slightly and say that appraisals can also be on the lower end of what you'll see with comps.

Stay calm and professional.There are cameras that are available (battery operated, motion activated, all sorts of cool stuff) for a lot less than that, if you decide to go that way.

Curious how other contractors communicate job specs to their subs.

Hello All, Please excuse the long post, but I want to make sure I get out all the info on the front end.My question is in regards to flipping a house very close to a lot (10+) new construction/spec homes. 

The specs are as follows; 3 beds, 1.5 baths per unit.

For this premium they are responsible for selecting and managing subs, managing material purchases and for all work being performed to spec (this is a financial risk for the GC also - if work needs to be redone it's on their dime). 

It took me almost ten years of buying and rehabbing SFR rentals before I had the nerve to start my first green field spec build!