Moses, i'm skeptical about your numbers; i was told that investors build high end LEED houses in west hollywood for $200/sqft so i would expect something closer to $100 for a cheaper type 3 apartment building using SIP and other prefabricated design elements 

Eventually, that trickles down to all aspects in that local community.The areas getting the development in LA are communities you would have had wanted nothing to do with a couple decades ago.Here is a partial list.Venice was total crap... now 1 mil for teardown.Santa Monica downtown had a ***** cat movie theater with Debbie Does Dallas playing and low lifes roaming up the ying yang...now 1.5 mil for small regular house if you are lucky.Silverlake was gang invested...now pricey hipster central.Hollywood....I used to work at Sunset and Gower studios in the 80s and it was sketchy out on the streets...now nearest condos can be in the millions.Culver City was sketchyPlaya del rey was sketchyEl Segundo was sketchyEagle Rock was sketchyMelrose was sketchyWest Hollywood was sketchyParts of West LA were sketchyParts of Pasadena and South Pasadena were no picnic either....all of these areas for most normal suburb folks were off the table....not anymore, bring your checkbook and maybe a bulldozer. 

--------COMPS -------------------------------------------------------------------------- 1) 978 Eureka, Braidwood - Sold Feb 2014 for 155k 3/2, 1,400 sq ft. 2) 340 N Walker St, Braidwood - Sold June 2014 for 165k 3/2.5, 1,900 sq ft, 3) 196 S Center st, Braidwood - Sold May 2014 for 165k 3/2, 1,900 sq ft 4) 822 W Main, Braidwood, Sold July 24, 2014 for 147k 3/1.5, 1,300 sq ft 5) 121 Eureka, Braidwood, Sold Apr, 2014 for 143k3/2.5, 1688 sq ft

Originally posted by @Roy N.

Put this in a script , and sell it to hollywood , it would make a intresting movie .

I'm a full time wholesaler but as one learns more n more you start to expand into other types of deals.

N.

I live and work in Northwest Indiana and I'm most interested in fix n flips and I've got tons of knowledge and experience.  

Fix N flip? 

n