I am in the process of purchasing a single family house with the intent of flipping it.In the basement, there are 9" by 9" tiles across the entire 600 square foot floor.   

My partner and I have been doing well for the past 8 years developing and repositioning industrial properties using our own capital.We are now considering scaling up by raising funds through 506 offerings, and studying the different ways to get our foot in the doorThe biggest obstacle being our lack of investor relationships and track record as sponsors, we were thinking about syndicating existing, on going deals we currently manage in our portfolio, rather than committing to a large deal we could potentially fail to close.

So bought a 2900 square foot house in Taft Texas Near Corpus Christi Texas it needed quite a bit of TLC especially on the floors, but it has quite a large piece of land that comes with it basically it’s on over half an acre.

Try NACA.com as I closed my first property with them but to get a footing you would need closer to 50k to make a dent on a purchase.Keep reading and learning, keep saving and asking questions.

That leaves a lot of empty spaces as other retailers business models DO NOT WORK at 70 bucks a foot rent.Most of the stuff I buy and my clients buy is 15 to 40 bucks a foot on the top end for good locations.

A proper constructed house will have a good footing and wall which can definitely be brick and stone. 

Excluding land cost, what would a typical construction cost run on a square foot basis?

There's no real advantages to putting the $ into a specific bank account to take the  tax advantages and the funds are not robust enough that it would be taking a large financial hit for the business in any case.

Austin Metro is doing pretty good but once the hospitality and tourism industry regains their footing then it will be even better.

Space has moderate foot traffic on major street among various mix of other businesses.