I'm sure your next one will be better and one day you can tell this story without that pain in the gut feeling.Thanks

It's a 6 units subdivision that has all plans approved waiting for permits to be pulled (I'll verify with the building department this week).So, those who have a better sense of market condition in the next year or so for Bay Area - Silicon Valley: what's your gut feeling about this project?

What does YOUR gut tell you!

Per a lot of the advice here and my gut feelings, I think I'll end up doing a gradual increase and then be consistent with increases in the future. 

Our first house was a foreclosure that we gutted and rented out when we left. 

My gut says to move on, but just wondering what everyone else's thoughts are and how one would mitigate any issues down the road.  

Sample quote with materials: - bathroom: gut all existing hall bath fixtures, install 36"x21" vanity cabinet in ginger maple wood at ABC cabinet, Americast bathtub, 1/4" frameless shower door, 8x10 tile up to ceiling height on tub surround ($1.5-$2/sqft), budget toilet from $100-$120, etc...Next, find out how to:- pick out the best quote (not necessary the lowest)- pick the best/good contractor- handle contractor during the process (payment schedule, lien waver, quality checking, etc ...)Isn't it fun already?

In a total of two months I have gutted the kitchen of two units and renovated the entire property.Now the issues come into this.

A second story addition and gut rehab, not the usual renovation.

i appreciate everyone's feedback, after doing a bit of research on the tape and the person I'm working with, I'm going to decide to risk being the fool.The tape looks genuine so I'm going to go with my gut on this, im willing to risk the time and effort (I think it will be worth it).