They had already looked at Lot 4 since they wanted a "View" which this has 360 Degree. 

If you don't do a 1031 exchange you will want to value those at their accounting basis so there will be no profit associated with that part of the sale. 

While there are of course some benefits to a condo, the associations are able to raise your HOA fees any time they have a "need", may have to levy large "special assessments" in the event of large expenditures, and can even make sure that only a certain % of units in the community are not occupied by actual owners thereby making rentals difficult.

Nationally, the median price of a single-family home sold in March, the most recent month available, was $334,500, up 18.4%, according to the National Association of Realtors.

Chuck Fowke, chairman of the National Association of Home Builders (NAHB), is quoted in the article as noting that “Despite strength in buyer traffic and lack of existing inventory, builders are slowing some production of single-family homes as lumber and other material costs, along with interest rates, continue to rise.”That said, over the 12 months we’ve seen a 36% increase in permits, but a delay in construction.

The report contains a list of “historic impacts” associated with each drought tier, noting things that have occurred in previous years.

Some cost that may vary based on location will be your environmental impact study, your list of cost from the Architect may see a lower cost for the schematics on a smaller project, with similar footprints for all four units, versus varying unit size, and scope requirements (less work, lower cost for A&E), the feasibility study, proforma, 3-D renderings, and other associated cost are going to depend on where this project is going to be built. 

You may want to contact the local manufactured housing association in the area.

Currently, I am not going to college, and this is where it gets trickyShould I go to college and get a degree, if notShould I get certifications at Baruch College that are for the Real Estate industry Or should I focus on meeting successful real estate investors, bankers, attorneys, brokers, and paying for mentorships, courses, books?

I became a licensed sales associate while I was pregnant with our first baby.