Here are some previous posts about the potential reality of investing in these types of markets: https://www.biggerpockets.com/forums/12/topics/1171104-the-m...https://www.biggerpockets.com/forums/48/topics/1159104-overl…

Multiple tenants cannot pay, tons of bugs on the backend, User Interface doesn't load 30% of the time, the support team is based in the Philippines and they have no idea what they are doing just copying and pasting scripts. 

That's a great idea. 

A very, very rough metric that you can possibly use to get an idea is 1/3, meaning if a new home may sell for 500k, then a developer may be able to pay 165k per paper lot, but of course there are so many variables, but that can give you a rough idea.

Quote from @Jonathan Greene: The last thing you should do is try to turn this into a rental/ Not because that's not a good idea, in theory, but because you don't have the expertise or connections to do the rehab and will overpay and underperform on rent.

The basic idea of having an appreciative asset that I could potentially utilize later in life in a multitude of ways is exciting. 

I think the general idea is that areas like finished basements, or cape cods with sloped ceilings on the 2nd floor have finished space that is not equivalent in value and use as other finished spaces.

When considering a Cost Segregation study, here are a few things to consider:https://www.biggerpockets.com/forums/51/topics/1206189-cost-...Feel free to reach out with questions!

I think it's always deals first- no one will take you seriously as an investor or syndicator if all you do is tell them about your ideas, people want to see action. 

I am a property owner, and got good advice on several topics here.