very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

What kind of investments are you planning on purchasing, and what area? 

That could be your PM company if you plan to hire one. 

We are the kind of people who do not jump into anything without fully planning it out.

I've already been hearing about all the communities and mini cities that they are planning on opening around it as well.

You're better off opting for an interest-only mortgage, saving on payments, and then refinancing it into something more conventional when interest rates drop—or, if possible, making a plan to pay down the principal.Interest-only loans, which typically last for the first 5 to 10 years of the loan term, offer two key benefits.

@Steven NguyenThe BRRR method is a solid strategy, but careful planning is key.

These are all things I am trying to plan for. 

Are you planning to sell the house after you finish the rehab or rent it out? 

Just plan for reserves if it takes a year or two to break even.Take your time, do the research, and trust the process.