I'm looking to investigate this market a little further and wondering if anyone can help me out.

There are more duplicity costs with SFH - more roofs, more yards, etc - but I have had and managed both and homes are better in my market. 

The Hamptons is one of the most desirable real estate markets in the U.S., known for its upscale appeal and strong demand for vacation homes.Properties in the Hamptons attract affluent buyers and renters, offering a high potential for appreciation and steady rental income.he property may have been undervalued due to its condition, presenting an opportunity to add value through targeted renovations.

Plus, you already know the market, which gives you an edge.

Hey Andrew,  NYC real estate is such a fascinating (and sometimes crazy) market, and I'd love to help you dive into it.

@Jonathan LudizacaIt really depends on the market.

basically if anyone has any tips when it comes to researching plots of land in order to make the right purchase i would greatly appreciate it get with a realtor. we underwrite land at no more than 10% of after built value. in our market we build under the average new build value which is about 515k. we like to be around 420-450k and smaller footprint about 1500 sq ft with attached garages. we build close to urban core where everyone wants to live and net migrations match up. but suburban is fine. if you give more context I can help but in most markets land is a buyers market. most people aren't looking at it or buying it. 

What was your process to lock in on that market? 

But the above statement is easily used generically for any market. 

I suspect it's due to the change in the housing market and economy.