$150 for labor and materials is a good deal where I am.

Taking a course in notes for example could be done and breezed over, but I don't feel there would be a real value in a 101 class, (just dangerous) to get to the 400 or 500 level so that students would actually walk out knowing something of value there is a massive amount of materials needed to be introduced.

The project budget ended up being 30% Sub Costs, 31% Materials, and 39% Labor.

I was curious, as to where you guys buy your materials?

The general rule of thumb on things like this, regardless of contract language is;Is it "material"?

Although you might check out the Ipe it is the same thing as teak.You can also look around for building material auctions.

The ARV is most likely higher than $150k, but I prefer to use a lower figure in this market.My 35k estimate is based primarily on the cost of material and incidental labor.

I make a folder for a purchase, and keep all appropriate documents in it, Deed, HUD-1, material receipts.

o Will the developer be able to purchase building materials, bring them in, and have the labor to build while maintaining affordability?

I assume the catch is that you can't get a good buy on the material?