@Padma Mallipeddi are you going to build yourself or outsource to a CM/GC?

I usually go with one of two options:A) Formica or alternative for lower income homesB) Granite slab for mid-high endYou can get 3 cm slab granite for around $26-30/ sq. ft.

I would target a school with a CM program and also a required co-op program so they do have some field experience other than just book knowledge but they are still willing to learn and try new things and expand their knowledge base.I am currently a pre-junior in a 5 year Construction Management program and I am on my first co-op working as an estimator/project manager for a design/build construction management firm and this is very similar to what I do for my current job.So, if you targetted a recent graduate who was curious and willing to learn I think that you would be extremely happy with the results if you found someone who was hard working, dedicated, interested in this line of work, and willing to learn.

Don’t be afraid to work out deadlines for critical path items and incentivize the deal with the CM.2.If the contractor is more of a carpet, paint, kitchen and bath rehabber then ground up might be a too big of a learning curve to make on your dime.

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Renting to service members gives you an added protection of your property, because you have the benefit of Article 15 and CM.

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On the other hand this is a situation that will make the HMLs happy as they can lend for longer periods of times until the owner has finally scraped together money that can be considered seasoned to then, finally, go the route of conventional financing to pay off the HML.The "CM approach":Purchase price: $100k (we assume this equals actual value of property)Buyer/borrower: $20k in some sort of trust account to prove to HML that there is money which HML could access if push comes to shove, i.e. to still make borrower/buyer have some "skin in the game", albeit not as part of the purchase priceHML: $100k as loan to borrower/buyer, paid at closing to sellerThis makes HML having paid the entire purchase price (we shall ignore any fees etc)Refinancing part in "CM approach":New owner wants to pay off HML and goes via route of conventional financing.

Bob Bowling By requiring CM of similar listings in same area from brokers.