I have 2 properties that are beside each other in an area that is undergoing substantial development.

Great episode with Florida commercial real estate developer Joshua Pardue!

Overtime, I've developed a spreadsheet that works for me.

These neighborhoods have had favorable zoning for a number of years and development usually follows the path of least resistance.Keep in mind prohibitive zoning is a leading barrier of entry and is usually why neighborhoods lack new supply even when the underlying fundamentals and demand are strong. 

Opportunity Zones are designated distressed areas where long-term investment and development are encouraged.3 Reasons Why You Should Invest in Opportunity ZonesDefer or Eliminate Capital Gains Tax ObligationsWhen investing in Opportunity Zones through a Qualified Opportunity Fund (QOF), you have the potential to defer your capital gains taxes.

This single-family property, acquired in June, is a key piece of a visionary development in Morganton.

The Lakeland elementary school is actually in the development and it is either a 9 or 10 on Greatschools.com.  

Who is building, developing, flipping, etc in your area. someone has to be doing it and making money. look at their business plan, see how they are doing, try to do better. 

Hey @Joe Ferguson, Do you have any experience in development?

I have finally settled on a price for my farm (12 acres) which would allow a short plat and development of a cul de sack and build 5 residential lots for 5 of the acres, and then the farm with my own residence on the 7 remaining acres.