Hey @Austin Wolff - You bring up some good points about knowing the house better than anyone when you build new if you are actively involved and onsite regularly, but I'd get behind @Jay Hinrichs, in the sense that the numbers don't always allow you to build new.Here in Chicago, new developments are super pricey, and even the BEST DEVELOPERS HAVE SLIM MARGINS. 

I'm a Business Development Manager at Groundfloor Finance.

We own 7 properties that we will start developing in 2025.We are currently remodeling my wife’s two-story home, turning that into two rentals.A developer contacted us and is using our largest plot to build a four-story condo building trading one condo for the opportunity.We drive and live in an 18 wheeler debt-free saving up capital for the next opportunity. 

This helps them create confidence, learn and develop and honestly has made them incredible assets to our team!

It's my understanding that options are still rather limited.Regards,Scott MillerI have spoken with representatives of the following lenders and all are willing to lend to both me as a fractional developer, and to my fractional buyers.

The average income in the zip code is about $90k.The population in the 34746 zip code in young (median 38 years) and growing from 53k in 2022 to nearly 60k in 2024.Rent by room is not as popular in this zip code as it is in the 34741 zip code, perhaps reflecting HOA restrictions as well as building configuration.

Specifically, there's job growth (Intel, Honda, Amazon, Nationwide, etc) and the population is growing (unlike Cleveland or Cincy).

“There are other appropriate ways to bring down indoor temperatures, but a building’s electrical system and cost barriers must be taken into consideration,” wrote Debra Carlton, CAA’s executive vice president.Instead of costly mandates, CAA supports aligning the bill with AB 209, which directs the Department of Housing and Community Development (HCD) to develop practical recommendations for maintaining safe indoor temperatures by 2025.

These were originally built for students, but with population growth outpacing student numbers, they converted and are now thriving as traditional multi-family units.

Exploring economic trends is essential for developing a successful real estate market strategy, particularly if you're focused on rentals.