We just finished and rented it.

Congrats and may we all attain the levels of knowledge and success you earned throughout your career.

This is the residual or remainder of the revenue stream available to pay for land.In many markets, most homebuilders will focus on the finished lot cost.

Here's a rendering of our finished building.

I'm currently finishing up my Real Estate classes and am now over run with brokers contacting me....  

A modern, poured basement can easily be finished and waterproofed IF constructed correctly.  

@Brady Speers, have you seen the Bigger Pockets Diary in the Pro File area, incredible documentation of a start to finish flip, budget, steps, etc.  

Hey @William Allen (just finished writing back to you on FB  ...lol) So, yes, owner permits. 

@Douglas KrofcheckIf you have four separate units and wanted to install a central vacuum in each, it is possible each would need to be plumbed separately {for fire code reasons} - either back to a common mechanical room or within each unit - requiring a separate canister/motor to be installed for each.While a central vacuum would be a nice perk, I doubt it would be cost effective - it would likely be cheaper to finish all the units with hard flooring (no carpets) and buy a $50 Bissell Power Force bagless vacuum for each unit.  

Or get faster depreciation by further splitting out the structure from finishes and improvements.