As for my other rents, the tenants have been with me for some time so it won't reflect current rates.My thoughts on LNG suggest it will ensure prices won't fall while its in the construction phase.

I have a degree in construction management and work for a large commercial construction company.

In both cycles, the downturn was precipitated by uncontrolled excess in the lending markets (construction lending in the late ‘80/’90’s and CDO’s/CLO’s prior to the credit crisis).

The comps are out there to support coming close to the ARV that you are advertising if you look at just the lot size and square foot of the home, but all of those homes are superior in that they're newer construction with end-buyer-desired floor plans, have barns or extra garages, and some are even water front.  

Welcome Brian,A lot of new construction is going up in the point breeze area.

I have heard that buyers are more educated today than before, and will consider it a negative if the cabinet boxes were constructed from pressed wood.What are your experiences?

Account ClosedThank you for the advice I will check out at least 3 meetings.I think I left out in my initial post that my profession is construction and I already have a large network of subs and can estimate the costs of rehabs.  

I work for a construction company and I have mostly trusted the owner to pay me on my commission in the past but there have been a few times when I think I have been shorted in my commission.

During construction?

I'm also a Florida general contractor and specialize in marine construction.