Is this a spec house or did you build it for yourself?

Another city near me requires a permit for battery operated smoke detectors.

When I do the move in, tenants sign a condition statement that includes "smoke detector batteries were replaced on 9/1/12 and all smoke and carbon monoxide detectors were tested and found to be in working order".

When I do the move in, tenants sign a condition statement that includes "smoke detector batteries were replaced on 9/1/12 and all smoke and carbon monoxide detectors were tested and found to be in working order".

So, it's important to know what you intend to do with land that you buy (or control) before pulling the trigger.If your intention is to build, as spec builders do, I'd get a mentor or partner with that experience.

What my partial question is most of the posts that I have seen are for spec building.

Castle Rock may be 25 miles south, but it's still DENVER METRO.Unless you live in Colorado Springs and would rather look at spec houses than go fishing in the Rockies, save your time!

I would want to advertise effectively the same spec property at a price that was just below most of the other ads.

Unless you are providing the equivalent of a mil-spec for the scope of work, there is a tremendous variable in materials, application, preparation, workmanship, project management, and 1001 other details.

While even these "star" markets will be working their way through a period of price adjustments or a lengthier listing period at least their core fundamentals are sound.Those home owners who are unable to pay their upwards adjusted mortgage payments and who have not been able to re-negotiate their loan terms with their Note holders will assuredly become "tomorrow's renters".It's already started in many areas... rental availabilities are rapidly shrinking = a strong potential for investors willing to build SFRS for rental or for "sale" under Lease with Option to Purchase contracts, 2-4 unit multi-family and new apartment complexes.In Myrtle Beach and parts of Charleston (SC) developers of recently completed condos are now replacing unresponded to FOR SALE signs with "Lease with Option to Buy" signs and are now actually seeing evidence that strategy is WORKING.Savvy real estate investors are targeting "spec" builders with unsold inventory that has become a "money drain" in terms of interest carry and are buying SFRs for 10% - 20% below actual cost to complete.