I'm not sure if my second investment project should be diving into a development project or if I should just focus on finding something bigger that's more of a rehab project since I have more experience in that arena already. 

I've done over a dozen flip/Brrrrs.Here's some basics I'm considering:-top school district -land cost <20% of total cost-either fully developed or pre-approval by town-I'll act as the GC, likely work on-site during construction-I've a real estate license so have good market knowledgeWhat I'm not sure of:-legal contracts/terms to use with contractors-how to secure best pricing for finishes/fixtures-whether $500-650 range is too risky for a first build I don't know how I missed this!

This reduces exit options and affects the value.10) Small number of small units is the most expensive residential development there is.

The property sits on a 2-acre lot zoned commercial and is adjacent to a strong development, making the dirt itself the real value driver.I was able to work directly with the seller and secure a sweetheart seller-finance deal.

They are a CDFI (Community Development Financial Institution) which basically means they get special Federal funding in return for meeting community support/development goals.

Excited to share experiences and learn from each other—especially on the development side.

Time for me to develop a system that checks all of these boxes!

We would be happy to do construction escrow, but the conversations never really developed that far.

$2.5B New Center by Henry Ford Health, Pistons owner and Michigan State Universityhttps://www.clickondetroit.com/news/local/2023/02/08/incredible-investment-in-our-city-25b-detroit-neighborhood-redevelopment-to-begin-in-2024/$1.5B Investment, 12,000 temp jobs, 6,000 New Jobs: District Detroit Developmenthttps://www.detroitnews.com/story/business/2022/11/15/district-detroit-1-5b-development-to-include-housing-retail-hotels/69649853007/$1.4B Total as Hotel Added to Hudson Sitehttps://www.detroitnews.com/story/business/2023/11/02/hudsons-site-hotel-plans-move-ahead-as-city-issues-permit/71426631007/$439M Gilbert Foundation investment in Detroithttps://www.henryfordmsu.org/news/september-2023/gilbert-family-foundation-announces-nick-gilbert-neurofibromatosis-research-institute$400M Investment, 517 New Jobs: Norway’s Nel Hydronhttps://businessfacilities.com/nel-hydrogen-will-build-400m-gigafactory-in-southeast-michigan#:~:text=In%20Southeast%20Michigan-,Nel%20Hydrogen%20Will%20Build%20%24400M%20Gigafactory%20In%20Southeast%20Michigan,green%20hydrogen%20using%20electrolyzer%20technology.$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.

I can help you with developing your plan from A-Z and executing your strategy.