Lastly, you can do a "shotgun" style agreement.  

Here in California you can get hit with traffic impact fees, environmental mitigation, park fees, etc. so you want to know exactly what is going to be required. 

Down the line, I'll write as I learn and grow, making sure that my writing style and content are fantastic.Thank you all for suggestions!

He is not an investor but he made REI works for him & his life style.There are many successful investors here in BP, and can be overwhelming, just take one step at a time, maybe you just need to make some life style adjustment to make REI works.

Sales of similar home style that are not 100% updated sell $170-180k range (floors are very mixed---lots of carpet, laminate, engineered hardwood in one, tile), completed updated selling mid-180k range (generally hardwood floor).  

If your goal to to set up a production style operation where you do multiple properties you will want to hire a good GC as it will cost you more in lost revenue than the money you save by not paying a GC.  

I graduated from Texas A&M University in 2004 with a degree in Architecture, Bachelor of Science in Environmental Design to be exact.  

I can read blog posts by news reporters on some aspect of RE and can tell they don't have a clue, at least they are just telling a story but with a style to influence others.....usually for public consumption.Same with RE investors, mentors, coaches as they get into more technical aspects, the blogs are skewed with opinion presented as factual.

FEMA could prevent development, it could have environmental problems, easements might make development impossible, zoning could prohibit anything getting built on that size, etc.  

I have seen in a older project that units with a old style tv would rent for less than one with flat panel tv.