Take time and absorb so that you can identify how you want to create the long term income. 

Once you have adopted your own pricing structures, its an easy for to develop from.  

The developer that built that building, instead of coming up with the needed capital to buy the land and then develop it, can cut his capital needs greatly by leasing the land with the rights to build on it.  

I am still trying to identify my personal REI philosophy, and I am wanting to know if investing in turnkey properties are a good route to take for someone new to REI like me. 

Then I would look at the future land use map and how strong is the county and or city economic development and are they pro-growth?

Look at the makeup on the North side, there are not many condo buildings once you get away from downtown or the lake, and there are not many bigger lots to develop them on.  

Question to the local investors:  is the are coming up, i see a lot of new construction/ developments in the area, but when i look at the prices on Zillow i do not see a big rise.  

If you are to develop equity quickly I would advise to flip houses and new allotments in the 1031 exchange programs allow you to access bridge loans to source properties while you are bound with your initial investment as long as your equity from your first transaction is already allocated through your QI 1031 exchange.

Good Afternoon Ramon,Do you consider development projects?

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