Determine the ARV for a finished home comparable to what you'll buildSubtract selling costsSubtract construction costsSubtract land development costsSubtract acquisition costsSubtract carry costsSubtract your desired revenue= property value for you.Comps are irrelevant in land buys UNLESS your property valuation is greater than a comparable property.

All it takes is one of the uneeded detectors not to work and its a failed inspection.AFCI breakers are only required in new construction in bedrooms, currently.

Some were lending arrangements, but one as the holding company, one management, one construction flips besides the lending entities.

We would still need a loan (looking for a guidance line with a local bank) to help fund purchase and construction costs.

How comfortable are people here in general with building specs in areas that can support new construction?

I'm wondering if your concern is really about exterior finish but rather the horrible and depressing construction quality and lack of architectural distinctiveness in loads of CA houses.

The markey approach may not indicate the best approach in such a case either and you may lean more heavily on the income and construction approach.

Quite a few houses under new construction as well.

This was inevitable, but still very interesting to see which big names are surfacing first.Builder Is Constructing REIT for Home Rentalshttp://online.wsj.com/article/SB10001424052702304451104577392383812726556.htmlIt will be interesting to see what other big players pop up in this space and in what capacity.I'd love to hear the group's feedback on this.For those pursuing this or serious about it, please let me know.

Prices are heading up and stable, new construction is up over 2009, rents have gone up, commercial is lagging as to value but is stable and new business starts are up.