These lists will take time to develop and may be market specific, but worth the effort to systematize your business and you may be able to research and find one somebody else is using as a starting point.

In the event you sell, all of the accumulated passive losses will get written off in order to lower your overall tax scenario.If you use the same tax preparer (or the better self prep software packages), those passive losses should get "saved" every year and then will be available to use when applicable.

@Larry Smet    I know I did I was going to make another post and mention that but forgot toI owned a couple place's in Kelowna BC and love it up there and when I am in the desert I see many BC and especially Alberta plates I almost bought development in fort MacMurray about 12 years ago.  

Soap Box ONOver time, most activities (e.g. businesses, sports, personal relationships, etc.) where judgement is involved, develop 'rules of thumb', 'short cuts', 'approximations', etc. which allow you to make 'quicker' decisions at the expense of less certainty; they will be wrong some of the time.

I have an investor/developer that I work with on projects.

If anyone else has been down this road (newbie venturing into a self-storage development project), I'd welcome any insight or recommendations!!!

I think at that price point I can narrow down to what development you bought in down to 2 or 3 locations.

If so what are the advantages of a developer using this particular stratgey.

I'm also doing deals in SL and Utah counties (wholesale, rehab, and some development).

If anyone has a contact for an knowledgeable realtor with experience in development of raw land in the Kailua Kona area of the big island of Hawaii.