I'm looking at developing Area, smaller municipalities with some R-4 Rural (Duplex or Rural Comm) that could be used as a land split to get the initial investment money back rather than trying to force appreciate the home itself and simply Rent at a slight cash flow ($50-100/mnth, $150 is the best I've found on MLS)   There's obviously some serious risk here because the initial $500-$3000 for the application doesn't come back to you, and you could very well be denied depending on exactly what you buy then left with a cash-in property with low returns.

These aren't uncommon in project contracts that take a longer time...I know homeowner's like a 'fixed price', and it works on a remodel that spans a couple months, but in development type projects the schedule is too long to lock things in.

The main sewer line in an HOA development collapses and it may be $200K to fix, but the cost is split among 100 homeowners. 

This area is just outside of a neighborhood that has seen explosive growth and development is already starting to happen.Step 1 - UnderwritingI am a huge fan of Adventures in CRE and am using their value add apartment model. 

Hi All,I have rental properties and I'm looking for a CPA/Attorney to help develop and execute a strategy that provide Protection and Privacy.

Make sure you develop a fair criteria you apply across the board. 

I would start with researching what the full cost is to purchase the land, develop it and build and then let the numbers drive your decision.

Our core values are Stewardship, Hardworking, Integrity, Personal / Professional Development, and Extreme Ownership. 

Getting a good smooth wall without putting multiple coats of mud on takes time to develop the skill.

On the issue that just arrived today, the entire front page is "Skyrocketing Housing Prices".Some of the points made in the article are: “What we are living with now is a result of and reaction to the Great Recession”“Add to this whole mix the pandemic, and it is the low-wage earning service workers that have been most hurt and that causes a really big disparity in income”“Sellers have become accustomed to asking over the market value and getting it”“There is going to have to be more affordable housing, bottom line”"the city is discussing developer incentives to set aside a number of units in development for workforce housing; revitalizing older neighborhoods"Here is a link to the full article Low inventory leads to rising housing prices across Chandler, East Valley | Community ImpactWhat are your thoughts?