I'm exploring different options for building on vacant land here in CA and am very intrigued by pre-fab home designs (Walls etc.. are assembled in a factory and shipped to site).

In that same community, I also own an acre of land that I desire to construct a build-to-rent duplex.

The day land is more expensive in De Moines Iowa than oceanfront well know people are no longer lying when answering surveys.

The risks are:- non payment by buyer and must foreclose- lender calls the note dueThe answer to the 1st is to make sure there is a good down payment so dollar wise this does not harm seller.The answer tot he 2nd is to use a land trust and appear Garn St Germain compliant.Just my 2 centsAlan

Construction can have unforseen costs, construction loans for rounds of funding can be more expensive over time, rent markets can drop, vacancies in market can increase.Typically entitlement phase of land most risk, followed by development, followed by vacant building turn around, followed by half vacant building, followed by mainly full building with value add component, followed by brand new building with market or below in place rents and everything new with good location.Along that spectrum of course you go from heavy equity upside potential to mainly just the cash flow return and hopefully price appreciation over time.Investors have to decide on the spectrum of their risk assessment to capital over what period of time how they will allocate between all one type of investment or multiple and what percentages.

Honestly, the conversations I've had with my clients that are debating the portfolio v. single asset refinances have landed on how much do you value flexibility.

With you getting the ball rolling you need to get properties under your belt and get the snow ball rolling.

I hope by helping me make sense of this I will have better clarity moving forward and maybe land a deal sooner than later.Thanks!

Hello my name is William 
My family taught me how to build homes in the 90s from the ground up. My father even brought me along to ask for private money lending at peoples homes. 005 bought my first home in Louisiana...

Lets say i am a land owner with 500 acres and on one side of my wooded property which is 5000 ft long a developer builds 100 houses .