Multis will not be as uniform in construction as SFRs as there are fewer of them and they are often built years apart.Sure multis built by the same builder and/or around the same time could be similar/identical ... so estimates/actuals from one might be portable to another.

We are builders/developers, so it's what we do, build!

The downstairs has a 1/1 apartment with its own entrance, a useless garage (thanks to the builder) with a finished entertainment room.

Can you refuse to release a body!?

And builders dropping a dozen more foundations into the ground before they even closed their first spec house.

I'm new to real estate, and I had the chance to attend a seminar organized by Fortune Builders this weekend in Calgary, I’m not here asking for a review on FB’s so called “Mastery” program as I’m aware that this topic was covered extensively in BP forums, as a matter of fact, I had the chance to get a first-hand experience of their cheap “Mastery” program propaganda, and I decided not to attend the last day of the seminar, as the propaganda seems to be getting more fierce each day!

You'll probably want a Builder's Risk policy, which will cover the basics (vandalism, fire, etc) while the house is vacant.

This is a stretch but…if all else fails you might want to contact the county morgue in the jurisdiction where the owner died and see who claimed the body.

Financial: * Targeted profit margin = 18-20% of sales (about average profit margin for new residential construction) * Time to build = 45-60 days (hard to believe, I know, but the builder has done it multiple times); this velocity is how ROI is maximized* Thus investment capital can be turned 4 times per year.* Buyers are pre-screened, so 2-3 mths from start of build to final close (2 mths for FHA or Fannie financing, 3 mths for USDA financing, which has an extra underwriting step) * Many buyers can utilize zero down USDA financing in targeted rural areas, and can have household income up to 82k for families up to 4, and 100k for families of 5 (income limits for our area) * Targeted sales prices for various models will be $135-170k

My loan officer said I will need general liability and builders risk.