If I had to grade Park City I would call it a B-, Derby a B+.

The NW rehab estimation was $40k but the contractor knew the area and decided it would be much more suitable to make it a rental, so he bid it at $43k to rehab as rental-grade instead of flip-grade.

Doors are cheap and I will usually replace buidler grade slab doors and beat up knobs with a two panel or six panel.

Oregon same thing its at 100 but that includes 25 to 40k just for permits.. so really not that bad.. and the terrifs for us just affected lumber so our 20k lumber pack when to 30k for a 2500 sq ft subdivision home with builder grades.450 a foot like what he is talking about I have only really seen that in Palm springs La Quinta big 5000 to 7000 sq ft single levels with top of the line everything and those hidden window walls that are 30 feet wide. 

They were supposed to have fixed grading toward the house 2 weeks ago but didn't....they have fixed the flood damage but I am definitely concerned about it happening again.

PVB (just an example of the opposite grade neighborhood) won't cash flow without significant money down.  

If the grade of the soil in any part of the building is toward the house you will have the same issue.

I had an escrow close last year for a Buyer that lives on the same street as a school but the school was full for the particular grade which was needed so they were assigned to a different school.

The doors are grade level with only a 10' clear height.It is currently 30% vacant but I've been told this is because they are using a big firm to lease and manage the space, who apparently aren't doing a good job on these kinds of properties. 

If the apartments are contractor grade and your property is upgraded, then you can potentially charge more.