I would strongly caution you about investing anywhere outside of where you live until you develop your skills.

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.

By fully understanding the opportunity(s) a wholesale property has to offer.This requires you to know:- Highest & best use of the property (flip, rental, development, etc.)- Actual as-is market value, no fluff- Conservative After Repair Value (ARV)- Rehab costs- Market rent- Any possible surprisesIf you determine all this and share it with the "world", investors will find you...and more importantly, become repeat clients.Waaaay too many "wholesalers" are just slimy sales people. 

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

Years ago I developed a great app for managing the maintenance for over 500 units, which I used for quite a few years.

It is the State capital, there is a lot of economic development, economic development creates jobs, jobs drive demand for housing, demand for housing supports increasing rents and property values.

If the economics don't work or if you risk getting whipsawed by one owner with scale, no amount of enticement can make a bad investment perform good. agreed.. developments that are 100% rentals unless there is strong controls on the front yards IE HOA type situation. they can look pretty ratty in a few years. 

Developing land is super risky, so just make sure you are checking everything that needs to be checked with the right consultants. 

Amazing.Work with investors, developers, real syndicators not "content creators"! 

Quote from @Marcus Ball: After struggling with local rehab properties in California, I switched to build-to-rent developers and chose a 1031 exchange.