A developer tried to buy the subdivision before developing town lake for double the value and put a golf course there but only half the owners wanted to sell so they moved on.My mom and dad built the house I grew up in the late 1970's for about 36,000.

If your family member hasn’t done that, the best move is to partner with a GC or developer who has the resume.

The macroeconomics here are on fire with huge job growth, population growth, and massive company developments like Intel, Amazon, Google, Microsoft, Honda, LG, Facebook, and more, so appreciation has been strong too.

Building a single small residential unit is the most expensive development.  

For example, years ago, we bought a pre-construction property and, in the developer's standard contract, it was mentioned that the purchase contract could only be assigned with permission from the developer.

I'm a central Houston Real Estate Agent, Investor and developer.

It's good to know great mentors are focused more on development then money alone.

Does anybody know about the land development and invisible costs for NW Longview area? 

My wife and I have developed a rule that we only buy properties we would be okay to move in.

There is a lot to the story but ultimately is was contract to close in 19 days on an infil development deal.