I recently started to develop ground up/lot split on existing properties to diversify as well as it's cheaper per square foot to build than buy in my expensive area.

However I think you would be well advised to consult one before you continue to make this kind of post.Please do a search on a term used by the SEC known as “conditioning the market” to determine for yourself if your post fits the SEC’s definition of this practice.I imagine that the last thing you’d want to do is start off on the wrong legal foot.

Got a 1500 sq. foot, 3/3, one car garage in a small Townhome Community with pool, like new. 

I’ve been told development costs between $35-$45 sq foot plus cost of acquiring land.

The monthly price per square foot graph is a bit smoother:So a square foot goes from costing ~$300 to about ~$400 in 3 years, a 33% increase over that time for a CAGR of just over 10%.Here are the corresponding yearly box plots:The Market Got FrothierMedian days on market of sold properties fell from 67 in 2019 to 59 in 2020 to 57 in 2021.

I need to paint the interior of my 1250 square foot vacation rental property.

I hope to follow in your foot steps! 

She/he should bite and bingo you have an agent sending her investors to buy your property!!!!!

Great price per foot and excellent cash on cash return / monthly income How did you find this deal and how did you negotiate it?

I am ok with the delayed gratification to get my foot in the door.