That's is odd Jon.

My 0.013 (adjusted for inflation).

This strategy is fairly unknown here in the uk and in time will help turn around the housing market and its government back programs that only inflate the housing prices and put more first time buyers in to debt.The company I have set up is ultimately a property investment and management company focusing on Lease option agreements and Rent 2 rent to generate positive cashflow to give up the day job as a chef. 

Properties will get cheaper in real costs due to inflation/rent growth but I do not see the actual sales prices changing significantly.

They are average or high, that could be a sign of inflated numbers.Final thing to consider is that financing can play a big role in profitability of a rental property.

As another poster said the PM want your business so I am guessing they are trying to be as accurate as possible without over or under inflating the rental income.

I was trying to estimate based on what is for sale, but all those homes at the inflated prices have been sitting for 3 months+.  

It's quite odd for a contractor to not be able to provide a rough breakdown of services & costs during projects like this.It won't be difficult to ask around regarding his reputation if you're able to reach out to previous references, brokers, etc. 

So @Robert Karnes, I will say that with the euphemistically named Inflation Reduction Act maybe going into effect, that brings 87,000 new IRS agents into the mix.

Or you could also set the rate in flat dollars and have it only take dollar bills.