I took six months to learn everything I could, build my cash fund, develop my strategy but by the end I leapt and invested.

I need some input on how to proceed with development. 

If the difference is small sell as is ASAP.If you want to pursue REI, develop a strategy that fits your goals and resources and stick to it.

I’d recommend getting your feet wet with a couple to make sure everything goes smoothly then you can buy faster once you’ve developed systems.

Some recent alternatives we’ve used to supplement real estate investing include: Turo.com, and neighbor.com.We used neighbor.com to rent out the extra land for people to store things on until we develop the rest.

You have to be permitted to build on those lots using the development standards in place prior to the Zone Change (setbacks, height restrictions, lot coverage, floor-area-ratio (FAR), minimum unit sizes, etc).

I was able to work with a smaller lender who set me up with hourly base pay and bonus structure for assisting other LOs while I learned the biz, got licensed, and developed my own lead funnels.

your not alone there are a lot of MF developments that are stalled right now.. because rents have not risen enough to cover the costs.. if you build it at the higher price will at least cover your expenses and made a little out of pocket ?

I have been doing accounting for the past 3 years, mainly for real estate developers and investors.

Its an amazing deal and everything is set to make a very nice profit developing.