I just can't stand of regulations those are not possible to be monitored and just being there because of lobbyists.

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. 

If you have any specific questions, I am here to assist.

I'd be interested to hear others that have specific experience with them. 

If you want to network or ask specific questions about your local market, go to your local real estate forum and connect with investors from your area: https://www.biggerpockets.com/forums/86-local-real-estate-networking5.

There are a lot of market-specific issues you'll have to grapple with and also, there are plenty of landmines in MFR on its own in CT that you'll have to be ready for, in addition to the nuances and complexities of developing something like this.

3) how did you decide on the specific city you chose to invest in?

It's hard to give any recommendations without any specific questions/real numbers.

So feel free to reach out to me with specific questions you may have.

I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.