We recently ran into an issue whereby adding walls drew enough outside attention that our project got shut down and an engineer had to be brought in to provide drawings for the space (cost us $5K) even after the walls were already up!

I also use more search engines because there are many different MLS databases.

I am currently 27 years old and working from home as an engineer, I make my own hours and like what I do as I sacrificed a lot in my early 20s, not going out and traveling to attain 10certifications in my field and allow me to be where I am today.

Then, there are folks from India who were engineers and jewelry store owners and started investing their money. 

Hi Michael, good luck as the Mass market is still fairly robust for multifamilies compared to other areas of the country.  

I blew out my poor BMW X3 engine last week with all this driving back and forth and it has hit me for a while that there has to be a better way! 

I think a good approach is to figure out what you're comfortable paying monthly and then reverse engineer an offer based on that. 30 years at 8.5% is about the same monthly payment as 20 years at 6.5%.Other than that make sure all the same protections are built into the mortgage.

For perspective, I've seen Architects in San Diego and Los Angeles charge minimum $15,000 for feasibility studies for similar mid-rise apartment buildings (I'm a structural engineer).

Kwon, I am a strutural engineer in Los Angeles so I can give you an idea on new construction costs.You can expect to pay $150/SF (square foot) on the low end and upwards of $400/SF+ on the high end. 

Here's my cost breakdown:Architect + structural engineer$ 7,000Park fee$ 4,450School fee$ 2,192Permit application$ 2,653Permit Issuance$ 9,416Contractor (estimated)$ 170,000Inspections (estimated)$ 4,000Landscaping and other miscellaneous$ 300Total (estimated)$ 200,011 Let me know if you need referrals for contractors.