You could figure out roughly what range the properties you would be targeting would cost and use your own assumptions to come up with something similar.

You can see big differences between similar houses based on location, even within the same city, and quality or the property. 

Then if you can find this with a turnkey provider that has veneers for you to use,  the investment is much less risky and can have some similar returns over time.   

It would be similar to a charitable gift.In a conservation easement, a real estate investor “donates” development rights on a piece of property to a qualified charity, public agency, or land conservatory.In return for the donation, they get a tax deduction as if they gave cash to a charity.Let's dive into the basics.Let's say you buy a 20-acre piece of real estate that includes a 5-acre self-storage facility.

This is very similar to what I did....1.

For instance, if you want to do 2-4 units then West loop won't work, but Evergreen Park or similar areas might due to the housing stock. 

I enjoy getting together with people with similar interests for dinner or even just coffee.I am excited to see what I can do with this new endeavor and excited to meet new and interesting real estate investment colleagues.

If anyone has any direct experience with any deals running into trouble please let us know as it is likely there are many more operators in similar positions if they purchased over the last 2 years. 

@Luis Herna, while I am not overly certain about TX's nuances, but they sound similar to Ohio, if you are collecting a commission, whether a fixed amount or a percentage of sales price, you are brokering deals and require a license.In my market the grey area solution is, like Daniel noted, actually close on the deal in a dual closing transaction, or formally assign the contract with an assignment fee tied to it.  

I remember when a similar development happened near Phoenix a few years back-property values didn't just climb, they skyrocketed.