I’ve developed a number of small condo communities in Philly. 

The land represents ~1% of the purchaseOn the contrary - if you purchase a $2 MM shack in manhattan on a postage stamp lot, the land could represent 99%Lever 2 - % of the property with a shorter useful life.Not all parts of a piece of real estate are depreciated at the same speed.Certain personal property assets have SHORTER lifespans in the eyes of the IRS vs the standard 27.5/39 year livesProperties with tons of this often have:- Over-developed land sites (hardscaping, pools, retaining walls)- Fancy Fixtures- Fancy Furniture (STRs!)

We are developing a system in my office called "T.R.I.P"  which stands for Tenant Revitalization and Investment Program. 

I'd love for that to happen, but I have not seen any indications of this development.

Is there an app that will layout a small scale development?

Second In-N-Out Burger Coming to the Strip: The popular burger chain, In-N-Out, is opening a second location on the Las Vegas Strip at the new BLVD development, across from City Center.

I would say that a great thing any flipper can do is develop their own off-market properties.

I'm in the process of developing a property and will decide on an exit strategy when it's done. 

I am not going to split hairs on whether an insurance policy is your asset or another’s asset but it is not the subject property.  

Plus developing ground up is the extreme of REI.