I would ask how many projects they have going currently and how they manage their schedule.  

Here are things that would not transfer with a sale:-2.5% interest- prop 13 property tax benefit is saving ~$40/monththese are awesome advantages that are tough to match   In addition you have achieve outstanding return from the appreciation since purchase.On the other hand, you have $300k of equity which places the LTV at ~65%.  

I think some people may be thinking the sky is falling just because the numbers do look tough. 

It should only take you about a month or two to contact everyone on your list and then the tough part – you start all over again.Why the repetition?

If you're new to new build construction (or construction in general), I would get a local Architect onboard to be your eyes and ears in taking on the project and helping to assemble your team.

We ended up just doing a shiplap ceiling to eliminate having to drywall and filled the cavity between the two ceiling with rockwool and it has made a pretty substantial difference that wasn't crazy expensive and was a two day project due to eliminating the need to finish drywall.  

The way you become a developer is to find a project and make it happen.  

In California, insurance companies are very tough now.

East Point has affordable prices, Decatur has charming homes, College Park has redevelopment projects, Lithonia / Stonecrest has affordable homes, Mableton has a quiet suburban vibe.Good luck!

Development probably isn't going down much, so you'd have to run an analysis on the potential yield of the project and what the risks are.