Is the exit grounded?
Evaluate likely resale or rental demand without building the deal around the most optimistic comparable.
The honest version
If the numbers are thin before the project starts, expensive finishes aren’t going to make them better.
What I’ll help you work through
Evaluate likely resale or rental demand without building the deal around the most optimistic comparable.
Look for missing trades, sequencing problems, holding-cost risk, and a realistic contingency.
Model the downside before counting the upside.
Compare the return on capital, time, and attention against other possible deals.
The process
Review the property, market, exit plan, and initial assumptions.
Challenge scope, timeline, exit, holding costs, and contingency.
Move forward with clear decision points, or preserve capital and pass.
Your next move