This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

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

I have several developer clients in KC.

I beg to differ and have used them from the New York Development fund for years. 

Hi was was wondering if anyone here in Chicago or surrounding areas have purchased from the cook county land bank and if so what kind of loan did u get if any to buy and fix it up or develop a property any info would be very helpful thanks

The field of engineering I do actually ties to real estate which is "Land Development."

I'm really interested in hearing directly from professionals in the field: What are main challenges contractors and developers are dealing with on daily basis while building homes?

I often work with developers that rehab SF and MF properties in communities where either they grew up, they go to church in, or have relatives that still live in communities they've moved out of...happy to discuss via DM.

Who is developing properties around you.

In cases where the homeowner or investor is not very knowledgeable, it is best to let the contractor develop the scope of work, explain it in detail to the customer and then let them fine-tune it until it's what they want.