It is less than an acre, but zoned for multi-family residential development (town-homes, condos, apartments, etc) Having never been, I know nothing of the potential in Delta Utah.

I recommend familiarizing yourself with your local landlord and tenant laws, while also developing your own "screening criteria."

He will own 1/2 of about 4M in real estate after 2 years and is already under contract on 2 more developable projects.

The population is officially growing again, and there’s been a lot of investment in infrastructure and development in recent years, which makes it unique compared to some other Midwest markets.One thing to keep in mind, though, is that Detroit is very much a block-by-block city.

I've asked my clients a similar question and have developed tools for them to minimize this, but I find there are a few different types of clients.Manager managed - these folks have no issues as they simply upload their year end statement from their property manager, their 1098 mortgage statement and any other one-off expenses they may have paid for outside of the management company. 

The description states the property is "ready for rehab and development".

There aren’t many residential development companies operating at this level, which reduces competition and risk.

@Todd Fullerlove Love that you're looking to develop relationships with local, community banks in Knoxville.

Eventually you'll start developing relationships with people in the market that will bring you off market deals, but they have to believe that you can close the deal.

You could also look into regional banks or credit unions with experience in real estate development for middle-ground options.If I were you, I’d spend some time shopping around for the best rate/terms.