He would get the architectural plans drawn up and get permits from the city and then sell the land with the plans/ permits.Is there a name for this strategy, or does anyone have any resources where I can learn about this type of investing? 

I have graphic design/marketing skills (current job) and interior design skills (Interior Architecture degree and former stager).

Great insights ranging from tech to policy to architectural advancements, I knew you’d have some thoughts, thanks for contributing!

With a rich automotive history, unique architecture, and revitalizing neighborhoods, Detroit seems to be gaining momentum again.I'd love to hear from fellow investors and real estate professionals who have experience in the area.

Hehe, my son is studying architecture but hasn't finished school yet.

.#3 Contact Local Contractors for PricingCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

When the permits require architectural drawings.Otherwise I know how to use graph paper and scale measurements.

.#3 Contact Local Contractors for Labor PricingCall local Subcontractors and get budget pricing for common repairs on your typical rehab project.For example, call a roofer and ask what their average cost per Square of Architectural Asphalt Shingle Roofing would be on a 1,500 sf house, with a 6/12 pitch.Note: Some contractors will be reluctant to share pricing without seeing the property, but tell them you are just looking for a rough budget number you can use on future projects.#4 Compile Your Prices into a Spreadsheet or Estimating SoftwareOnce you start to get a better understanding of Labor and Material costs you will want to store this data into a spreadsheet or software that you can use to help you streamline the estimating process.The Book on Estimating Rehab Costs comes with a spreadsheet that you can use to help you populate your own database of labor pricing and material pricing.

We've designed the concept with an architecture firm and an engineering firm who have history of designing shipping container homes. 2.

The options are architectural shingles and metal roofing.