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Updated about 5 years ago,
Land development opportunity, need some advice
Came across an opportunity to partner up (in a small way) on a land deal that a friend has listed for sale.
I was asked to look into the potential costs that may be associated with it before bringing it to investors. The current owners already did all the planning (selling because they ran out of money and going through divorce now) but never submitted plans. Very thorough plans but I have no idea what to do with them.
Any advice besides not to jump in with the big boys when I dont know what I'm doing? :)
Finding costs on permits, costs on adding the infrastructure, costs on building ground up etc etc.
Where should I start?