Is this something new from before you started the project?

If this is such as major issue that they sent a letter around, and they feel everyone should do it, then the best way to make sure it's done is they make it building wide project.When they do these projects however, they either increase the monthly fees for everyone, or do a one time assessment charge.

Then you had a 25% return on your total $200k cost which is pretty reasonable depending on how long the entire project ran.

The last time I analyzed a deal in Dallas, the projected market rent was too low, and I stopped searching there.

Bellwood Quarry Project, Mercedes Stadium area (Vine City, Wetstview, etc). 

Linda, if you have never run a rehab project before, you want to hire a general contractor that will be on site and coordinate all the work among the trade subcontractors, materials etc. and handle inspections for the town/city inspector.

Also the property will likely remain on the contaminated list for a very long time, if not forever.Might be a great deal, might be a total loser - either way do you research before you jump into a meth house project.

You will usually spend more than building the property new from scratch.Having said that, let me suggest you look into a couple possibilities.1) Historic tax credits - you can often make a project that makes no sense financially work by applying for tax credits so you should look into that.2) Why do the windows need replaced and can you do it over time?

Hey Jason, how did the project go? 

Key factors are major projects that have been approved by the city such as a 21.5 million dollar project in Tampa Heights, next to UT.