Of course, it would be better to own a SFH there rather than a condo, but it's a piece of Walnut Creek...find a way to hold on to it.

The goal is to try and do 2-3 of these projects/year. margins are too low. you need to work on finding land cheaper. look at 500 pieces of land and underwrite them and the exit. we did that for the last 8 months while we have broken ground on a few deals and we focus on where can I exit at the highest which tends to be urban core infill lots. we do this in Columbus Ohio and expanding to where I moved in miami soon. the margin you have is too low though for new construction. how many new builds do you have? 

Most will want to take their piece of your pie and you have to be okay with that to learn. 

Are you entitling smaller pieces of land that one developer could then take over and pull building permits, construct all of the ROW infrastructure and utilities, and build either housing, commercial, or industrial? 

It was a mass hotelization of a place that really had a unique sense of place and not just the city but individual neighborhoods - Treme, Uptown, Garden District, Fauberg Marigny - all very distinct from one another. 

Those were more than I wanted to spend, something like $30 a piece.

Developers are the ones that pull all the pieces together on a project, but even that's not set in stone.

We do a live show + Podcast and you will see that a lot of this business is legal versus just owning a piece of property. 

And also you and others identified benefits I am not realized before now.I'd say to first and foremost make that clear distinction that it's NOT an "investment" that it's you, or anyone, starting a Business. 

Quote from the article: "Texas cases don’t necessarily have a good and distinct and succinct definition of ‘squatter,’” said Adams.