A third consideration is that FHA has rules for limiting rentals in developments. 

Although in the last couple deals most have come out as 506C deals where only accredited investors are allowed, there are still 506B syndications where you can be a sophisticated investor (self proclaimed) so you don't have to be accredited.

💹*Reminder- The Pearl Development is predicted to create over 11,000 jobs in Mecklenburg County within the next 10 years & will be both a medical education institution and an international headquarters. 

Also you need differentiate your construction costs (hard cost) vs the development costs (soft costs). 

For example we do self storage.  

However, I am also considering duplex and tri-/quad-plex assets if they pencil.Additionally, I currently work for a locally-based commercial developer/lender on multifamily, land, and some hospitality projects.

For real estate professionals and developers!

Blaming immigrants for the housing crisis ignores the actual causes—zoning laws, slow development approvals, and underinvestment in housing supply.

Hi all -- I've identified a piece of property that I would like to develop into mostly residential homes, with some townhomes/multifamily.

So path of progress.. took till 2020 until development happened around me and that unbuidable property I paid 28k for I sold for 2.2 million to a developer..