Because two things: first, if you can't save enough money to make a down payment on an investment property, you shouldn't even be in this game, and second you are going to need cash reserves to cover the infinity of things that can go wrong on a rental, which means you should already have some free cash flow coming in from somewhere to account for that before you even rent the place out.

And to call yourself a developer, LMAO!

Seller is just continuing to pay the taxes, even though he "doesn't own" the land...until/unless he hires an attorney to do the title search, he won't ever be able to sell it or develop the land. 

It explains the team that you should develop to have a strong foundation under you while investing remotely.https://www.biggerpockets.com/blog/core-four-real-estate-team Thanks for the article, but I found it to be just a me-to article.

Potential outcomes include develop and hold/rent, lease to developer, and joint venture.

This is one of the reasons to look for groups that work to address these concerns by offering a streamlined process that connects you directly with developers, ensuring transparency on costs, timelines, and expected returns.

The buildings are mostly located in neighborhoods which are under a lot of development.

STR is definitely not a rookie game right now, but your flow to success you have sounds way easier than it is in real life.

The macroeconomics here is rapidly growing - lots of population growth and job growth especially with the many companies moving and developing out here like Intel, Honda, Amazon, Google, Meta, etc.

Mortgage rates are dropping fairly fast so check out the numbers and have a good conversation up front with a Banker first.This can make or break your real estate portfolio just by having a game plan up front.