New to Developing / commercial or residential or multi family ?
If you were to start developing where would you lean? I am currently in the furniture industry and I have rental properties as well. I’m looking to roll some of my income from the furniture industry over into real estate. I am torn between which side of real estate development. I am looking at Smaller metal buildings like 30x50 & 40x60. For shops or other uses, also looking at duplexes ( I’m finding it hard to cash flow a new duplex with the cost to build currently ) maybe I’m wrong? I’ve also debated building single family homes and selling those, I do not have a contractor license. Located in NW Alabama. What would you do??