Now, let's look at that smaller area that he outlined within Eastmoor. 2018:Number of closings in this area: 28Average Price: $63,590.29 ($58.59 per square foot)Highest Sale Price: $189,900 (1192 Byron Avenue)Lowest Sale Price: $18,000 (802 S Waverly Street)Average Days on Market: 25.182019:Number of closings in this area: 43Average Price: $79,310.47 ($76.66 per square foot)Highest Sale Price: $223,000 (3236 E Livingston Avenue)Lowest Sale Price: $30,000 (813 S Weyant AvenueAverage Days on Market: 18.74COMMENTARY:24.72% year over year appreciation. 

We also had an all-inclusive pet addendum in the lease that outlined policies regarding pet waste, barking/noise, pet damage to the unit, etc. 

@Brad Hales A great resource on this topic I'd recommend is Wall to Main, which outlines various scenarios and talks through the various issues UDFI, returns, etc.

This is a good example.You've outlined a lot of issues in your initial post, but only asked one question (how much to countersue the tenant for). 

Make sure your LLC has a solid operating agreement to outline ownership and management details.

It WILL be money well spent.Ensure the agreement outlines all the parties involved and has explicit expectations as to who does what.

Make sure to outline this arrangement clearly in the lease agreement to avoid any disputes.

@Shane H.If you get to "why," you most likely didn't outline the criteria well. 

They can provide insights into the specific costs associated with your project, taking into account local labor and material prices.Don't forget to include soft costs such as permits, architectural fees, legal fees, and any other administrative expenses that might come up during the development process.Given your experience, you could also consider consulting with a real estate development professional to ensure you've accounted for all potential costs.Profit Margins:It's great that you've already outlined your profit margins.

Have the responsibilities well outlined.