If not you would be better off spreading it over multiple properties.

Great spread here in CA

Whether our fire insurance covers fires that spread onto our properties?  

., I hope to someday be as well spread!

The spread between purchase and ARV allows lots of overruns without loosing my shirt, but so far, the only unexpected is how long I needed to keep a house sitter in it for security.

If you could go bigger, 4-5000sf, then you get some economy of scale (i.e. the cost of the elevator will be spread out over 24 units instead of 12).Construction costs could be more than $200/ft., so for your 12k sf building you're looking at $2.4M plus the $1M, gets you to $3.4M or $283/sf. all in or more.Value is all based on current and future cash flow.  

If so, then try the old "3-2-1%" or $750/$500/$300 tier prepay fee structure based on the number of years left, again know the number spread.

Also Jonathan Prettyman where are you finding that spread in Delco?

then try seller financing, 1031 if your trading up or changing asset classes (residential to commercial or smaller SFR to larger one) 10 years from now 250k may be a good deal for an investor.. depends on inflation, appreciation and location. 1. if you sell you will get hit with the tax liability the year you sell it.2. 1031 to defer taxes3. seller financing to give you cash flow and spread out tax liability (depreciation and capital gains taxes)4. don't sell. don't ever sell ;)

Or is better to hedge yourself and equally spread out the leases through the 12 months?