I'm working on projects in florida and ohio. entitled or unentitled is a big difference. we typically look for land in larger tracts in columbus ohio for under 50k per acre. that's mostly rural land that is then entitled through engineering and zoning variances, a huge money maker if you don't do it. entitled land depends on density. lowest I've seen is typically 6 dwelling units per acre and highest I've seen in suburban markets might be 26. i think there is a lot of missing things to answer your questions like how big of projects, but I can give you a very recent lot we featured for investors who build a stacked triplex with us around Orlando and other markets in florida. it was a 43k piece of land on about .3 acres. through planned development you can get a duplex approved it was in poinciana in Osceola county. that's on the small side and it's hard to find land and it wouldn't really increase in value there but that's about 5k or less in fees to get that done. so all in 50k for a 2-3 unit. so 25k a door would be a good price to look at. normally as you buy at scale it gets much cheaper because you are doing all the value and creating something from rural land or wetlands, etc. entitled land typically sells for 11k-13k per door I would say on average in suburban markets on a national average. that is extremely difficult to track but we work with groups in land entitlement all over the country who co -develop with us and we create benchmarks that's more of an internal conservative and we push high density and multifamily to maximize profits on the exit once the project is entitled. 

I know a company in the US already did one in Austin, TX:3D-printed Austin house becomes international model"According to Icon, the printer can cut the cost of building a home by 30 to 50 percent compared to the cost of traditional construction."

They may very well tell you the $40K scope is truly what you need...the other component is can any portions be done in phases?

Set internal timelines on when you will have your drawings done for the new builds, selecting contractors, when you plan on having the project completed.

Hello all, I have an international student as a tenant and I haven't been able to get ahold of him in the past week.

What components did you replace?

Just wanted some feedback from any other BP members who are location independent, have worked with co-ops, international RE, or just curious.Thanks, George

BUT.... as I know there is a very large development of a Train Station HUB just a few blocks away, I am using my intellect and know that it will eventually increase my rents as the demand for the area increases.Eventually, 10 years from now, and that Train station hub is opened, I will reap the reward of approximately $4k per year or $383 per month increase in cash flow.You cannot do this kind of analysis with a Cash on Cash Return.You need the Internal Rate of Return.When you want to talk to the big boys, the Investment Bankers, the Commercial Lenders, your own Partners, sophisticated investors, etc., you need to understand IRR, how it works and why the one shot CoCR is just not correct.When you really understand these calculations.... the all kinds of scenarios can be modeled.When you understand all kinds of scenarios, you can begin to predict the future with accuracy as you use your God Given Intellect.

I can keep much tighter control on expenses by not getting ripped off by contractors or property managers and was able to negotiate a better, long term lease with a large international tenant because I knew there were literally no other options in my town. 

I work with a network of investors both in the US & internationally who invest in Detroit real estate, some new and some who have been in the game for over a decade.