One has opened up close the Seattle area for $70k up from $50k in 2011 and it's a 3/2 1800sqft built in 1991 I've done the research and from what I've seen it's around what most are selling in the area.

Other information: smaller town, but as of the past two years, home sales have seemed to be pretty steady.Thanks so much in advance for any information/guidance.

For example, suppose I had an appraisal conducted with a proposed floor plan of a building I'm renovating after a fire with no offices built (not a shell but just a finished, open floor plan) and the cap rate in that appraisal was 9.0%.

He calls me and asks if I’ve been down there since I am from NYC (I’m in town 3x a week).

My lease has a clause that I have the option to terminate if the property is inhabitable for more then 90 days (which it will be)- but the town has an ordinance that says I must re-offer the units for rent.

I just checked and we don't have those Hampton Bay cabinets at our Home Depot, but we are a border town, so I would have to see what the exchange would be to order a product like that and bring it over.

I chose a painting contractor for my latest flip whose sign was in front of a number of the houses in the town in which the property is located.

As someone who has built before, I will say this: a good GC will run circles around you acting as GC.

My plan is to have all 5 built within 2 years.

However, my niche is a really small town of appx 3500 people.