Okay, the next thing that's going to be very important to CAG is the answer to the question, what are our development costs going to be? Okay, this is something that is very difficult to answer, unless you have a lot of experience or you've hired someone with a lot of experience, i.e like a great construction manager, who has been working in this particular area for sometime. That said, and also, I like to give you some examples. For those of you who are considering being entrepreneurial, doing this for the first time, where you might go to start thinking about getting ball park development costs. One good place to look is Google search, okay? Very, very important not just for this but for a lot of things in the real world these days. Your Internet searching skills are paramount, okay? So using my Internet searching skills, hopefully yours are better, I found, for example, this wonderful tool put out by RSMeans, it's free. And it gives you, if you give it a generic type of building, they say one to three story, and this is clearly multi-family rental. If you tell it the type of building that you want, I'm not sure I want a face brick, but nonetheless, they're talking about stick built construction here, which we call platform frame. Platform frame construction, and we give it as much information as we can. It comes up with cost for this typo actually our information here is 42. It comes up with information for total cost, contractor, and architectural fees. It's really including in there also engineering fees, structural engineering, mechanical engineering, etc. So we've got the total for construction cost. We've got overhead and profit for the contractor. We've got the professional's fees, and then the grand total down here in three different scenarios, okay? Our low cost, our medium, and our high. Good tip is never use low cost in a situation like this, okay? Let's keep going. Some other sources that I found to be very helpful with this type of thing is reedconstructiondata.com. fixr.com has some great modules for pricing things for various types of buildings, shopping malls, condominiums, single family rental style house, hotels, townhouses, etc., also Argus Software, etc, etc. Everything I've listed here, you can look at but again, I strongly urge you to search for yourself and see what you find. You may find things that are better than what I've found. Okay, so using the means sources and our firms own experience on hypothetically CAG's experience, we've developed this set of preliminary cost estimates for the project. And again, these are all in the spreadsheet, okay. So you're welcome to look at this material in detail on the spreadsheet. This is America, so clearly, we're going to have some attorney's fees. We know, they're going to pay the asking price for the land which is 50,000. And we have estimated out the design professional's fees and building construction total at about 3.7 million. And you can see, we've got about 8% of that set aside for the architects and the engineers, the design professionals. We need some more for utility hookups, parking, landscaping. So clearly, this construction is building construction here. And marketing, remember, we have to get this 90% rented before we sell it to someone who's goal in life is to manage cash flow producing properties. So we're going to need some help with marketing to get students to sign leases. And so our cost per square foot of this building about $113 per square foot. Extraordinarily low by New York City standards. But once you get out into rural America, not so unusual. So another way to look at this is cost per unit, 112,000 and change.