My objective is to buy about an acre of land, that is already leveled, access is being done, and utilities are going to be 5 feet from the property; and then build 3-4 shell retail spots on my plot, owner occupy one of them with a business and lease out the others.I am meeting with a developer this weekend, but have some wrong numbers regarding the average cost of building a shell space. 

Killeen and Harker Heights do have some good spots and various multifamily options.

Hi Sunny,I expect DFW and Indianapolis to be similar to as you describe, although $250,000 price point can be tough on newer homes less than 10 years old. 

It gets easier with each passing day to spot them.

This is Spot on, It was actually Kavi that I was referring to.

And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Quote from @Daniel Park: **Updated Links*Quote from @Daniel Park: There is alot of Real Estate Investing Education Platforms Out There and I'm Pretty Sure they All Provide Great Information however the Value and the Complimentary Lifetime Access to Current Updated Information on Real Estate Investing and the Investor Community Support is Spot On.

It doesn't take long to learn how to spot a good deal.6.

What I don’t understand is how to overlay all of that information to pick a good spot and I also don’t understand the appropriate thresholds for each of those indices (income, percentage in the target age group, and how dense).