The choice:

Drop fhbg, prices drop (temporarily/slightly) in fhb territory. This will affect developers selling at below the grant cut-off point & not the general market. Buyers will need to delay purchase until there is a deposit. Demand for rental is prolonged/increase in rental demand/decrease in vacancy rates/increased rent all leading to higher prices & fhb being out of the market for longer. Political dynamite.

Retain fhbg, status quo but a good feeling for the follies.

a p/t b construction management is the way to go. It covers most of the important stuff like design, services, estimating, management, engineering, law, accounting, property economics etc (& building – but that’s not so important!). Working the 6 yrs (or shortened course with 1 or 2 yrs full time) gives you a great career path & knowledge to go into other ventures.

What sort of management rights? Rent roll, strata or holiday lettings for a building?

You need to hold the appropriate licence.

you should check what your sales or management agreement says. It should have a schedule of rates & whether or not they keep any rebates or discounts.

There are several standard form contracts available, working with non-standard contracts can be risky & expensive.

The HIA, MBA & RAIA all have standard formas. RAIA are more slanted to the owner. Standard building contracts have been tested in the courts & have precedents.

Raise the issue with the licensee of the agency. If you have no joy, take the agent to the Vcat/Fair trading.

just keep shooting in low-ball offers. Go back with a lower offer than your current offer, cite changing market conditions. Even prices in Mosman have dropped 5-7% since late last year. Offer expires close of polling on saturday

Option with another option to extend (would mean putting down  a little more $ for the extended period but there is no huge outlay early on) or alternatively an option and failing exercise of option the 1st and last rights to negotiate with the vendor prior to sale. 

If you don’t want to stand out, don’t wear a shirt with a collar, trousers or leather shoes.

asbestos may be in many pre-mid 1980’s materials. Lead, mostly in paint.

Building issues are a fact of life, so is risk.