For ground-up inspector spec or builder development, we're usually topping out at 80% of cost (land plus construction plus soft costs) up to 70% of As Completed Value.

My worries are that following through with the wrong subdivide while in the county will affect my greater plan of rezoning and developing Parcel (B) after annexation with the town. 

Hey Jack - Have a development project in vandenberg village, have done a couple of flips in lompoc.

I am working on the feasibility of a joint venture multifamily development. 

@John N CookIf you have $200K + in retirement funds, other capital, experience with construction, and want to explore creating a real estate development company doing 3+ flips or spec homes per year, check out a ROBS.  

In this way you are always growing and developing. 

So the current owner bought from the developer when the property was 3 years old then?

My ultimate goal is to develop land once I have enough passive income and financial freedom.

(there was a tiny set of stairs also)The developer told me there was also an alleyway down the side of the building that could most likely fit a wheelchair and had direct access to the condo, so it's possible that would satisfy the ADA and they could remove the ramp on the inside of the unit.I have never dealt with a property like this before, so I'm wondering, who do I talk to to make sure this unit will be ADA compliant? 

You can take a look at its economic development site to learn more on it.