Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.

Hi Saju,Well it is an exciting market with lots of future developments happening, all aligned with the popular Dubai 2040 vision.As for how the market is for US investors, there is no local tax on capital gains, or tax on rental income.

- To actually make money investing in S8 rentals, you'll need to develop a thick skin, so you can make business decisions that often conflict with one's humanity tendencies.DM us if you'd like to discuss more.

You just have to develop new sources.  

To me this is very market dependent and product dependent.. in our Market some developments that are red hot that Lennar owns they might only offer 5k on a 600k sale.

Some experienced developers can handle these steps  if they have the time and know what to look for. 

Your experience with project management and relationship building will be invaluable in real estate, whether you’re interested in development, investing, or property management.Your entrepreneurial mindset and eagerness to learn are excellent foundations for diving into real estate.

Generally the time horizons are longer and you need deeper pockets.If you have already had some success in SF rehab, moving to apartments is not as different as moving to development.

They are durable, but catch hair and dog fur more than the Bassets.I would avoid faux leather.

Unlike you, I've read multiple self development books but different fields.