To accurately account for it, you can include it in your soft costs for vacancy. 

I know this because we sat down and looked at her credit report in the Mint app (a soft inquiry, and yes I know it only gives data from 1 agency but I don't expect the other 2 to be vastly different).

Most banks will require between 20-25% of total costs of the construction project (including land, building costs, permit costs, soft costs, etc). 

I like semi-custom, solid wood, shaker style with soft close.  

Remember, you have to pay for land, const. costs, soft costs, interest carry on your loan, permit and development impact fees, your profit, and fit that all into 120k per door on the unit sale (BTW, 120k per unit walking distance from Chesapeake Bay sounds cheap, but I'm not familiar with the market).2.

They are paying 470 a month and 550 a month for 3 bedroom and 1 bathroom units that are 2000 so ft each.

just want to get a handle on your soft costs..

Don't ignore soft costs.But, again - the proper way to do the analysis is to work it backwards. 

There are another 100-200 dollars in soft costs.

In CA many counties have a retrofit mandate that is placing sub-standards on title for any soft story buildings over 16 units.