I recommend you develop a plan explaining your circumstances, how you got here, and include a plan forward with a detailed scope of work.Your project might be worth $430k to $450k when complete, but not right now and there’s no way to estimate its value from what you wrote.

There is plenty of money to made in this area for the experienced investor, especially those with experience in construction and development, but is not the right location for those that are already cash-strapped.Note: This information is for educational and informational purposes only and does not constitute legal, tax, financial, or investment advice.

Meanwhile, political shifts like Trump’s new AI action plan aim to fast-track development by stripping regulations, which could mean faster innovation, but also fewer guardrails.For investors, this could mean:More ways to reach buyers, renters, or private money faster.Better tools for content creation and market research.More risk if you’re blindly trusting AI to do your thinking.How is AI changing your approach to investing, marketing, or analyzing deals?

Developed expertise on renting to Section 8 through experience and study: Section 8 Bible - Michael McLean.

The pandemic then accelerated this trend, as remote work and shifting lifestyle preferences made semi-urban living more appealing for both renters and developers.

Major developments and mixed-use projects are driving strong demand.28083 – Cabarrus County- ROI: 7% | Vacancy: 8% Downtown Kannapolis is thriving thanks to biotech growth, revitalization projects, and family-friendly amenities like the Atrium Health Ballpark.28054 – Gaston County- ROI: 7% | Vacancy: 9% With the FUSE District expansion and more Charlotte commuters looking west, Gastonia is a prime opportunity with lower entry prices and solid appreciation.28092 – Lincoln County- ROI: 7% | Vacancy: 8% Lincolnton offers small-town charm, proximity to Lake Norman, and a growing remote workforce population.

@Matt JamesMy business partner and I have developed a mentor/mentee program.

I hear Richmond is blasting off to outer space these days with all the development and the new ferry terminal opening up??

the developers I work with get their plan in place and use a combination of the two types.  

Applying that efficiency mindset to fix-and-flips, new builds, and subdivision development gives you a real edge on both cost control and scalability.Feel free to reach out should you need any help on your REI journey!