But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

The bank that foreclosued turned off the electric the punp stopped working and there was about 2-3 feet of water in the finiahed basement for about 3 years. 

I’m a new investor and an agent, so I’d love to have an idea of how I can be a better agent and how to reverse engineer it when needed.  

Values at least in our market were quite sticky and on top of that our competition when rates sky rocketed de engineered their houses to get their prices down. 

I work with CSSI who are the nation's premier engineer-based cost segregation firm with over 45k is completed studies. 

I just stop talking and just followed and spoke when spoken to And he low balled me Mind you i have a new kitchen new bathroom room all new plumbing and electrical i gutted this house to the studs and my house is almost $40k lower if sold at this price cheaper then lowest house over here that sold 

For example, roofing, painting, cabinets, flooring, electrical, plumbing, HVAC, etc. 

A 3 car garage in the back is just waiting for us to add electric doors and rent it out.

The area has been untouched but has gas lines and electrical and is surrounded by a solar farm.My question is, where do I start?

-Unless the garage already has electric and water connections, that's an important and expensive item in the SOW.