I'd build up and go for at least 2 units but 3 stories is better. 3 story walk up apartments account for almost 65% of apartment developments round he country. this is what I'd recommend on your lot. this is 35' tall and we do it in columbus oh 

In addition to real estate, I’m passionate about entrepreneurship and business development.

That being said, I've been moving into development.

I’m excited about the possibilities and am eager to continue growing and developing more homes in Massachusetts.

But house hacking, short/long term rentals, new build/ mixed use developments and  live in flips all have my attention right now. 

We all don't care how much Apple profits on our iPhone... what really matters is the product or value we get or in this terms the ROI on our principal.The fees can be broken down in the three main fees (so you might have to combine some of the above fees under one of the categories below):Acquisition fee (paid % of the asset price) - normally 1-3%Asset management (paid % of the income the asset produces) - normally 1-3%Distribution or exit fee (paid % of the sold asset price) - normally 1-3%Development fees (this is present in development deals) - exampleNOTE: Just because these fees are high or the split structure has too much going to the GP does not disqualify it.

I'm a Managing Partner at a company that facilitates Full-scale flipping, lending, development, and portfolio acquisition. 

My working son and has had a hard time finding something because work is in more expensive areas with tons of SF and luxury apartments nothing in small studios.

Currently underwriting 35 SFHs being purchased as a portfolio by a PE Firm in order to push rents via ADU developments.

Also, networking with local contractors and lenders now will save you time when you're ready to move on a deal.When you visit, try to walk neighborhoods at different times of the day, chat with locals, and take note of any development projects or signs of growth.