Land Development Funds and Private Placements

[Mike Demmitt]

Most investors on bigger pockets are familiar with the large multi-family value add syndication space.  Names such as Joe Fairless, Grant Cardone, and Mark Kenney are familiar to most real estate investors.  I have invested in those types of syndicated deals.  However, I am less familiar with experienced names/operators in land development. 

Who are reputable folks/firms with a solid track record for success and attention to detail?  What are the well known funds or individuals who put together private placements for land development?  Do folks typically invest in funds that are diversified over several development deals? Or do investors usually participate in private placements for single developments?

Are there any tax advantages to investing in real estate development, or any other tax considerations that differ from SFH or multi-family investing?

I'd love to have the answers to this post educate investors like me who want to diversify their portfolio by investing in land development.