This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.

Finally, The rent control discourages further development, limiting supply which results in higher rents.So rents go up, but the rent control advocates are too uneducated on the economics of the rent control policy to see their role in the rent increase.Another consequence of rent control is no value in keeping the property as nice.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

I have a few lots in New Orleans and am looking to run  profitability analysis of sfr 3/2 development v. one zoned as duplex.  

I've done it for two different properties and happy I didn't go FHA for that reason- although everyone's circumstances are different.

There is strong macroeconomics because of the growing population, job market, and the major companies moving and developing here.

I have bought a couple of units and now working on my own development.

Hopefully, based on actual field measurements, past project data, and estimating software, your contractor can develop a detailed estimate that lays out the cost of labor and all materials for each phase of the project.

Has anyone had any luck on structuring a deal with seller financing to obtain the land, then use a lender for the horizontal development infrastructure.

There are some major developments continuing construction, however; the price points are upwards at $290,000 or higher and rent rates being advertised at $2,000 a month.