Even developing a mobile home park, affordable townhomes or self storage. 

Again, you’ve probably thought of these, but those are likely your best bet.

Ok so a diff path then my previous post.I also wanted to invest in real estate but just assume( and bet is probably true) that most of the people that find truly good investments have  either or all of the following the most "average joes" don't:1.

And your money is Trapped inside your house. 

Then once you spend the money for that.. then the contractor will simply file a UNJUST Enrichment claim so your back to square one.. 

Real estate investment involves having money to make money.

You have NO leverage, no matter what he builds or does not build, except for the developer saving some money in legal fees and cutting down on mesne profits damages.

So why would you pay even close to what they paid at the peak of the market in 2022?

Quote from @Derek Harville: You could accept it and then sell it to recoup your money. 

Even high density local population areas I would not want since most don’t make that much money.