PUD's (planned unit development)

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Hello!

We flip and rent homes in the Orange County area - mainly Newport Beach, Costa Mesa, and Irvine areas.

I'm seeing more and more PUD's going in and I'm wondering if anyone on here has any experience with these developments (planning, developing, selling, etc.). While they seem like a lot of work from planning, development and working with the city, they look like a great investment opportunity assuming you have the cash on hand to do so.

If you've worked on a PUD or know about them, please comment and share your experiences and/or knowledge!

Thanks,

Chris