How many units are generally in a townhome development?

This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.

But I'm sure the developer made $1m.

Depending on the development of the software, it would be interesting to see if AI can replicate the role of a listing agent.

You could also look into regional banks or credit unions with experience in real estate development for middle-ground options.If I were you, I’d spend some time shopping around for the best rate/terms.

I'm in Iowa and while not KC, I think the factors are probably similar being in the Midwest. 

In his experience, Memphis’s higher-than-typical rent-to-price ratio sounded great in theory, but property management turned out to be a huge factor-especially if you’re not local.

As for the experience suggestion, thank you for your bluntness JHL, we all need that reality check, but I also have 42 years (bought my first property at 16 years old) and 5 generations of real estate investment behind me and am always looking for new developments in this dynamic business.

As an investor here myself, I can tell you we're seeing solid rental demand here thanks to the strong job market and major employers developing here. 

Actually the IRS does not tell us what we can invest in, only what is disallowed (life insurance contracts and collectibles).Allowable investments for SDIRA investing include the following:Residential real estate, including: apartments, single family homes, and duplexesCommercial real estate Undeveloped or raw landREITs (Real Estate Investment Trusts)Real estate notes (mortgages and deeds of trusts)Promissory notes Private limited partnerships, limited liability companies, and C corporationsTax lien certificatesOil and gas investmentsPrivate stock offerings, private placementsJudgments/structured settlementsGold bullion Factoring investments