The answer I get after 3 phone calls to the city zoning and development office is that it might reduce my taxes and follow the directions on the paperwork, pay your fee and find out.

We developed this out of necessity for our own investment planning as we simply could not find a portfolio calculator online that also allowed for this. 

I was working for a GC from 1997-2012 and during that time I have seen A LOT of developers go under water and out of business and lose everything.

How your city designates multi is irrelevant, we all don't live in your city.The definition is set in LAW, not by someone working in some city P&Z office, it is DEFINED by HOUSING AND URBAN DEVELOPMENT, better known as HUD.

We'll be getting in an phase 1 of the buildout and the developers of the community have a proven track record having designed another community but on a larger scale elsewhere in the metroplex.

I'm curious to hear how these are set up in newer developments where city water and sewer are too far away.

Popular places to vacation are always a good bet.I suppose there are some developments coming in some states that will drive more tourism.Beach, lake, mountains, etc.

Just relocated from the Bay Area to the Philadelphia market, working for a real estate developer in Land Acquisition.

Purchase price: $674,000 Cash invested: $134,000 Long term rental purchased in area that is under development and predicted to rise in value over the next 5 years - 2br 2bth

Some include 1) there are many more owner occupied home buyers than investor RE purchasers 2) adding small units in small counts is the most expensive development 3) it detracts something from the primary even if it is just yard.