Developing or buying?

[Tyrone Miller]

I live in Tyler, Texas.  There  is not a lot of multi-family inventory in the area directly surrounding Tyler.  We have bought 3 the past year or so and there is not much else on the market that has good numbers.  We have toyed with the idea of buying some land and developing our own duplex community.  Is this advisable and if so, what should I be reading or doing to prepare for this?

Thanks,

TJM