You just need the right plan and the right people in your corner.A little background on me—I’m a real estate broker, investor, and developer out of Rochester, NY.

Here are a few high level thoughts for you as a beginner:-Don't lend in second position-Don't do deals with new investors-Don't experiment with new strategies, even with experiences investors- ie, don't jump in to a first development project with someone just because they've flipped 20 houses. 

I have developed very good excel skills over the years and I'm glad I can do whatever I want with it.https://www.w3schools.com/excel/Good Luck!

yup stayed in the land bizz till late 80s and was in land and timber in the 90s and of course from middle 90s to now I have developed about 500 to 600 lots for homes.And all the while I bought land to flip..

Don't forget you need the original developer's permission to conduct structural changes to the villa inside and out.

I have one and am busy developing two more. 

This could create opportunities to acquire discounted properties in areas where developers overbuilt and need to sell.Inflation may not be cooling as fast as expected, but it is trending in the right direction.

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 

They seem to be in development and backordered for years. 

I also do more significant development that takes longer through a fund.