The goal is to become a developer building affordable housing!

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. 

I’m beginning my journey in real estate development.

@Matthew BonaskiAbsolutely, and that perspective aligns perfectly with how real expertise is developed in our industry.

Land costs a fortune there so they have to go into the retail prices of any future development, which is a protection against overbuilding putting pressure on price and short-term rental rates and a protection against competition for property owners.

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

Be very careful of what you buy, sometimes there are lots/parcels that have latent development constraints that are very expensive to overcome, or sometimes they can prove to be a fatal flaw.

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.

I stepped back to focus on my professional development and technical expertise.