I've looked at like 500 plots of land and made about 40 LOIs, most of what we targeted was land owner contributed to the development and underpriced land identification that we can get at least a 5x value bump on entitlement. the numbers are much higher in columbus where the downtown district in 43215 isn't bought out like Brickell or Edgewater. we can justify any land cost by just going more vertical. columbus is untapped with less than 1000 units proposed per year it's unbelievably open with 50,000 units behind and very high absorption. 

"The lady doth protest too much, methinks" If you have anything of substance to add to this discussion and show the flaws in the logic or arguments I present to support my position, please don't hesitate to tag me.  

@Rebecca Morris if you want to tag someone in a post, then you just put the “@“ sign in front of their name.For me to give you a suggestion, I would have more context about your situation.

Quote from @Scott Wolf: @Jared W Smith is an licensed architect.Thank you Scott for the tag.

Thank you for tagging me @Jamie Banks! 

Pardon me tagging you, mobile doesn't allow a general reply to thread.

The low price tag is so tempting, but they just don't appreciate like SFHs, HOA and assessments are frustrating, and loan options are limited depending on the building's owner occupant vs renter population. 

Anytime you invite an inspector onto a property, you run the risk of them deciding to poke around other areas of the house and tag code violations that would need fixed.  

The relatively low price tag and day 1 cash flow prospects are enticing.

Oh and Lane is on Biggerpockets and frequently posts so try tagging him as well.