Multi-Family Housing subdivision - Building from scratch.

[Sean Lynch]

Hi,

I am looking into building a multi-family subdivision/association and wondering if anyone here has any experience in larger scale development like this? Currently bidding on land available up to 40 acres and speaking with a number of companies that would help support the building of multi-family properties (Duplexes). Looking at moving forward with a pre-fab multi-family contruction once the right land is acquired.

I wanted to reach out to the BP community to see if anyone has ventured into this type of project? Would love to chat about potential pitfalls and obstacles, processes used, etc...Anything that could help with outlining what to expect.

The land I'm looking to buy will be clear for the most part so I would be able to come in and break up into plots, build main roadway in/out of association, will need utilities added to each unit etc..... Just wanted to see if I could run some ideas by anyone in this community who has explored similar investment options.

These will all be buy and hold multi-family investments that are long term rentals.

Any help or insight is helpful!