My question is does the above language encompass this, or is it weighted to the buyer or seller paying a disproportionate amount of the costs.Somewhat of a complicated question, but hopefully someone has experience with this.

So the term is pretty encompassing.  

My tip is to make an all encompassing LOI template that has a table with 3 columns - 1 for numbers 2 for category and 3 for the actual language.

It probably impossible to create a software that encompasses all the use cases under one umbrella.

Does the "conservative" view encompass all possible knowable information about other economic factors, political considerations, natural and man-made exposures, and the like? 

That's because New York City's metro area, defined as places within commuting distance to the city center, encompasses Long Island and upstate New York as well as parts of New Jersey, Pennsylvania, and Connecticut.   

I was envisioning CAD/Revit would fully encompass the design side, is that the wrong assumption to make?

I'm originally from NY, but now live near Daytona Beach, FL.Currently, I'm wholesaling throughout Volusia County, FL which encompasses Daytona Beach and some other surrounding towns.

You can also add a monthly pet fee, whether its per pet or all encompassing is up to you. 

How many properties is that ~$3MM encompass?