Whether it's someone in the acquisitions or property management team.This is also a great example of an opportunity to develop process for your acquisitions/asset management.

We see land price decreasing from 2020.below are the projects we developed.

a big part of development is being able to work through the inevitable problems. 

If development is the long-term goal, I’d suggest focusing on strong underwriting and learning entitlement/zoning alongside sourcing deals.

Develop a list of things you want from a lock, or take a shortcut and go with what the majority of investors use.

You plan to manage the rehab and the subcontractors but don't think you can develop a SOW, that is an issue.

High cash flow tends to be in the lower segments of a housing market, while appreciation is where my wealth has been developing.  

Interest rates and inflation have slowed new development.

I believe in Houston I would learn about the neighborhoods where fourplexes cash flow well first Southwest, North Houston and places close to developing job centers are some examples.

Note also with this being a development value add, the initial capital outlay will be long before the income is realizedI am not as adverse to cash flow negative as many on this site, but that is a lot of work for very little added value and negative cash flow.