I would remortgage or get a HELOC on your home and suggest becoming a partial partner with that money.It is extremely important you learn/digest the RTA and attend as many LTB hearings as you can to learn the ropes.

I work for a tract home builder as a construction manager and really enjoy what I do and like my company, but prior to that I was an independent contractor and miss being self employed.  

Thank you all for your counsel.I have a lot to take into consideration.Will digest everything said here and hopefully make a decision i dont get to regret.

Lots of great info to digest.

Don't subrogate your interest/position and let the Builder come up with scenarios that keeps you clean and your interest in tract. 

Is there a handy website that makes this information readily available and digestible? 

Realistically, in Silicon Valley a $1.3 million dollar home often is a remodeled 3-4 br, 2 bath, 40 year old tract 1,300-1,999 sf home on a 5000+ sf lot.

Hello,New to BP, great site with lots of info to digest.

Pearce... it depends on which spot in Summerville, but given the recent and planned growth, you could have a valuable tract if already zoned appropriately.

So for you as a private investor what you want is to buy a 40 or 80 acre tract that has 20 to 30 year old timber buy it in your roth IRA  you can buy these for 100k to 200k.. and in 30 years you will have about 2 mil in standing timber that can either be sold in one fell swoop or logged off over time.there are many old families that live on their timber.. they log just enough each year to pay the bills.