If it was me...I'd check with zoning to find out how many dwelling units I could build, and I'd find what the requirements are for those units (type of house, height and setback restrictions, etc.).Then I'd find out what local builders think the cost to construct would be - just get a cost estimate per square foot for 2 or 3 different levels of finish.

That I can make something of myself in this world, and give a better life to my children and If I am lucky to find great fortune, invest for the betterment of my local home town.What I can say to new investors who are looking to get started, be carful who you trust, and if you come from nothing like me understand nobody cares - and this lofty idea of chasing the American dream is an internalized emotion not many can relate to, especially in this field where some people some from old money, and have multi million dollars... they simply cannot relate to you.

Hello, I’m a local investor and general contractor  to St.

I really appreciate the insight and guidance, especially about attending meetups and connecting with successful investors in my area.I’ll definitely take your advice to heart and start looking for meetups.

I am currently looking for a small local bank or credit union that issues lines of credit collateralized with investment property.

Perhaps you could share your LinkedIn profile showing your business background, or even photos of yourself at land investing meetups or events you've attended as an independent investor?

So, having a local agent who is knowledgeable is where you will get the best guidance. 1.

By private money, Im assuming you mean local people lending out their IRA funds and personal funds.

Identifying the right market can make a huge difference in the success of this strategy.Curious to hear...are you planning to manage the property yourself, or are you considering hiring someone local? 

Currently have 3 rentals and conventional lending has been my norm, but all the local lenders are predominantly 25% down.