First off, I want to thank each of you for taking the time to nourish me with wisdom! Resources like this website and your contributions are incredibly valuable to guys like me!

Now for the good stuff -- my naive proposal.

I am a college student graduating in May of 2025. I have worked in wholesaling and portfolio management with a top 10 homebuilder out of Houston, TX. This experience was great and opened my eyes to the world of Real Estate. Mainly, I found that I wanted to pursue any and all opportunities on the side of acquisitions, wholesaling, and BFR communities.

While finishing up my studies, I am attempting to put together a development that I could pitch to connections I have made and (hopefully) will make in the future.

Without any real experience -- I have decided to attempt the process with the goal of getting to the point where I have a solid pitch-deck.

I am looking to acquire raw land and develop it into an RV / microhome community, including construction of the homes. I understand it is inherently riskier to develop raw land, but I learned that the reward is significantly lower lot cost and higher margins. I believe America is in the midst of an affordability crisis and giving prospective homebuyers more options could be both ethically rewarding and profitable.

Similar developments exist on the Gulf Coast, but I believe there is still an opportunity for expansion in this area of Real Estate.

Comps look great (250 sq. ft. homes ~$500,000). However, comps are heavily amenitized -- something I think I would stay away from in the name of affordability.

Ultimately, I would love to end up with a community of 20-45 microhomes, with a retail price of around $150,000 each. For such a community, I think pickleball courts, walking paths, and dock access to local waterways would serve as enough incentive to attract homebuyers but not incur high HOA/increases to retail price.

My most major question is, where do I go from here? If I had a rough checklist or something I could follow, I truly believe I would find success. I know this is a big ask and very naive.

As a spiritual man, praying for a good mentor, a great friend with great advice, and wisdom.

Respectfully,

Stan Minkinow

Gulf Shores, Alabama

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