My buildings are tract buildings on a street with only tract buildings, and all units are 1B/1B.

I purchased his book (Jason Drees), consumed it within a day through audible...then immediately went to reading it a second time to make sure I am actually digesting the material. 

time will tell on the market.and my buddy has the wherewithal to pull this off.. he owns a nice 10 acre tract in PDX were he is planning on putting  a few hundred of them and leasing the ground..

The winners are land owners planning to convert their farm (and other undeveloped) land into development tracts.

This is for new rental grade / tract home level finishes with a few minor upgrades.

However, I had trouble digesting my lunch after selling two adjacent lots for 85K and then seeing them MLS listed for 120K.

If you are selling larger pieces of land to homebuilders who would ultimatley build many homes, i.e. a subivision/tract, then you might as well sell those as an agent, since you are licensed. 

There's been a lot of discussion on the topic here on BP too of course.Finally, if this is your first property, I would give yourself time to "digest" the property and ramp up on managing it - again a year is a good guideline s before moving on to the next one.

@Francisco Ruiz I would look at a LOC on them first, and if you have a project needing funds lined up just look at getting a second on them.Not your situations, but I have a lender in TN that will use a free and clear property to fund as collateral for a new purchase and can give preferred rates depending on what income tract the property is in as well as funding 100% of acquisition cost on the new property with a .5% origination Lenders are trying to find homes for new loans just hit up your network and see what you can make happen. 

Thank you for sharing the full process in a digestible way.