It's somewhat useful in a condo development or tract home development where the homes are essentially identical - but it still doesn't account for upgrades.   

Look at Blackstone the hedge fund and others buy up tracts and 1000's of homes just to turn around and rent to those same people that got evicted its a broken system.

In tertiary markets nearby with larger tracts this cost could easily be reduced to south of $75psf.

@Nawzad BabirySo far, 90k as I sold land off the tract, original purchase 140k, rented from day 1 for 900 a month.

Apparently the tract of land that my house is on was all 1 tract of land with 6 houses on it.

When I bought my first shadow plat ( 5 acre tract that had 110 lots underneath it) and we did pretty darn well on it I knew that was the way to go.When I did what you do back in the 90's and early 2000's my competition at the court house would spend hours doing search on one or two properties only to have them redeem or opening bids to high.

ALL, a Census Tract in Camp Verde is also listed an an Opportunity Zone.

Call property managing companies and even large apt tract owners to get their painters info.

As for exposure, put each house is it own land trust, or llc, simple way to keep tract also, 123 Main St.

It is a 15+ acre tract of land.