I'm looking in miami florida for sites where we could get the numbers to work and we are getting close maybe in homestead. with that you could continue to pull cash out after it was built. in our market we need about .1 acres and we get land under 60k that the investors buy. the build cost is about 75% of appraised value or a little less. the investor refinances out on a DSCR loan and continues on. this strategy is ground up and it takes advantage of the buyers market for land in our market.

I have over a decade of experience in strategy consulting and in real estate underwriting for new acquisitions and ground up developments.

I do ground-up urban infill multifamily development and we are effectively at standstill as far as new projects go.  

I have connected with several members doing new construction or with boots on the ground in Cape Coral, so thanks to all of you that have discussed and answered questions from me so far.Here's where I'm at:-Connected with Rent to Retirement in November/December 2021 to discuss the area and opportunity.

HI,I am interested in investing in ground up mobile home parks development in Florida and Texas.

I am about to do one of my first ground up construction projects with the intent to rent in the area of Athens a little further west. 

The property is in a great location,  close to stores, restaurants, fair grounds, freeway access, and less than a mile from hospital.

Do you have any referrals to build a solid network on the ground?   

Then use the experience to work out the kinks and build a strong boots on the ground team.

Sadly, the place burned to the ground back in 2016.