Don't buy at full retail and expect to make it up in the development side unless you see something others missed like a SFR on a lot that can be split to build 4 houses.

And like the dot com, energy, and housing bubble before, because of the 'rush to the new' among their purveyors and purchasers alike - and , because of its sheer mass and lack of oversight, this sector again has the potential to tank the economy - taking with it our basic fundamental strengths:  legitimate investment funding, business expansion, jobs; and leaving general economic wreckage in its wake - unemployment, massive and increasing debt, rising government welfare and other social remedy costs,  and yes - tanked home construction and ownership.

Hello fantastic BP community! I've been lurking on the forums for a few months now but this is my first time actually posting. I have a 1/1 SF home that I bought 4.5 years ago-I originally bought it to live in but I e...

Now we know that it is worth more because we CMA it and who would Wholesale at retail prices or even close really?

In my opinion people are paying retail for most of these properties.

Biggest concern is settling for a thin margin on a retail priced entry level deal which could knock me out of the game, particularly on a (relatively) low dollar value investment where margins will be slimmer to begin with. 

I own a townhouse in a new (3-4 years old) 12-unit development, mixed residential/retail.

We turned an old warehouse building into an assembly space for a modern church and changing the use triggered a massive amount of structural retrofits that we're about 10 - 15% of the total project budget.

Like Ethan says, the house might be easy to sell and worth a ton more on the retail market than wholesale.  

You got to keep in mind the bidders at the auction don't pay retail, so you can count on a bid between 65% of value, possibly a bit higher if the property is in a hot county with lots of bidders and not much properties heading to the sale.