we need our own forum for this concept. I'd argue that there are very select zip codes where this strategy works. You need to find a zip code where land values are 10% of less of after built value. You have to find a ...

Not to mention the economic development steps the town is taking in ensuring the growth of town (roads, schools, zoning) stays on par with the future expected population growth and new jobs that are going to be a result of the new factories opening.  

I have always imagined getting to the point where I could hold/ run a small community of mountain cabin rentals or a guest house, something along those lines.Thanks,Chad  Yes I meant AirBnb and Mid-term rentals, rent by the room, glamping (although I probably wouldn't go that route), buying commercial RE and running a business (for me that would be a lot of work with a W2 job and buying property locally or leasing out a space is expensive here). 

This meant roughly 4% of the county's single-family homes faced foreclosure in 2010.

Excited to join the BP community.About myself - I am a principal of a RE development company and co-founder of an proptech company. 

I am curious at what stage of land development the sale was struck with builder.  

you have to learn land entitlement. we identified a site today for hotel development that was an 18000 sq ft lot.

Purchase price: $75,000 Cash invested: $600,000 Sale price: $269,000This is my largest new build development to date.

Maybe attend a chamber of commerce meeting and ask around where development will start.

Not every house is meant to be flipped by us.