I took a hard look at their newer homes including walking through several in various stages of build with my GC that I've used on investment projects and I kept a close I on the quality as it was being built.

I have 6 or 7 investors potentially giving 5 or 6k  to the project. 

You have to give up half of the project, but you will gain valuable experience. 

Regarding homebuyers paying for the high-end condos, It's true, While I don't have any in the larger buildings because of the high HOA dues that come with those large projects, I have a high-end unit in an 80 unit building in the Adams Morgan neighborhood and one in Dupont Circle area of DC, both are rented at high rental rates and people keep paying, I target the Federal Government employees that are in DC for 2-5 years building their careers.The offers were submitted based off the original list price before I lowered the price, One was too low to even counter, $50k below list, The other one that was $35k below list I had my agent go back to but it was over a week later and they didn't respond back so they moved on.

My current "bigger picture" would be to wield my license to work on residential projects for lease within the DMV area.

If you must get valley contractors to complete the work you will be charged a premium for travel time both to the project and to the building supply store's, which the closest available stores are in Casa Grande...

If he's funding the entire rest of the project himself, that may not be an issue in his business model.

(The intent was to bring on private investors with a below average project pitch) needless to say that didn’t work out and I’m making it happen alone with creative Financing.

You're going to provide them information about the deal and about you and then they will do their underwriting, send out an appraiser and then if you are doing a rehab project they will set the rehab up in draws.

I am in the process of evaluating, to no end of course, a commercial building I have under contract.  It is being re-zoned by the seller to allow residential and commercial.  I am having trouble finding any comps and ...