Develop a plan to deal with any issues sooner rather than later, as repairs only get more costly, and the damage only gets worse, with time.

The goal is to become a developer building affordable housing!

Active development plans to reshape this area are in place! 

But if they're looking for a quick in-and-out development, sewer is probably a must-have.What's the seller asking and have you pulled any recent land comps in that specific stretch?

I am a developer in South Florida. 

Id recommend getting comfortable with the terms.Some books that are helpful (not totally MF focused)-Confessions of a Real Estate Entreprenuer (Perspective of an investor, how they think, how they take risks and how they learn)-Am I Being Too Subtle (Mindset, managed risk, opportunity spotting)-Zeckendorf - Autobiography (Relationships, risk taking, deal structure, development)-BP Rental Property InvestingI'd also recommend going to Lowe's, Home Depot, Habitat for Humanity to build your brain around materials, costs, quality and history of materials (even if you're not the one doing the work).Lastly, once you've conceptualized the asset class itself and general understanding of deal structure / operating structure...look into some news articles and trends in MF.

You can still find properties in ranges where the 1% rule is possible depending on how you buy, and there’s a ton of appreciation upside because of all the development and job migration happening.

Getting really skilled at cold calling is a highly challenging, but if you seriously invest in developing your own skillset, you can crush it with cold outbound...because you don't sound like 'just another salesperson.'"

Quote from @Gregory McCarthy: We live in a development with no HOA, with approximately 170 lots in the neighborhood.

Great topic — ground-up projects can produce strong margins, but execution risk is where many investors get caught off guard.From the builder/developer side, the biggest challenges we consistently see are:1️⃣ Site Work UnknownsFill, compaction, drainage, and soil conditions can shift budgets quickly — especially in markets where lot conditions vary significantly.2️⃣ Utilities & Impact FeesWater/sewer access, well/septic requirements, and local impact fees are often underestimated during underwriting.3️⃣ Environmental FactorsProtected species, wetlands, and flood elevation requirements can affect both timelines and build costs.4️⃣ Permit TimelinesApproval periods — particularly when civil or environmental reviews are involved — can extend holding costs beyond initial projections.5️⃣ Builder Execution CapacityProject success often comes down to the operator’s systems, trade relationships, and cycle times — not just the numbers on paper.Because of these hurdles, we’re seeing more investors lean toward ready-to-build projects — where feasibility, plans, and permitting are already in progress or completed — as a way to reduce entitlement risk and shorten timelines.Ground-up can be extremely rewarding, but the upfront diligence and execution planning are what ultimately determine outcomes.Always happy to compare notes with other investors and builders working through similar projects.