Purchase price: $35,000 Cash invested: $20,0000.86 Acres in rapidly growing market.

It's developing rapidly and has demand for tenants.

Our understanding of timing and buyer demand allowed us to maximize its value, ensuring a rapid and profitable sale without any significant renovation costs.

What's missing from @Scott Trench's analysis is that oftentimes, GCE legislation is often coupled with rent control (as it is here in NYS).So, you have to keep this tenant just so long as he is paying, but hey - you can only raise rents 3% per year, and by the way, your city, county & school taxes are going up incrementally more. 

From there every 20 point increment affect pricing differently.

Personally I see San Tan growing more rapidly than Buckeye just with it being potentially a little closer to Chandler/Phoenix/etc.

For context the seller paid all fees and I removed PMI after 2 years due to rapid appreciation which saved 150 roughly.

Huntsville, Alabama, is rapidly emerging as a top real estate market in the South, driven by its growing population, strong economy, and affordable housing options.

(If your project is primarily housing or incorporates housing specific funding sources, you will need to apply through the Department of Housing rather than through this program.)The funding sources that a project can receive include the Chicago Recovery Plan (CRP), Housing and Economic Development Bond (HED), Neighborhood Opportunity Fund (NOF), and Tax Increment Financing (TIF) which have all been combined into a single, streamlined grant program with unified rules and regulations.

Developers usually have expensive bridge debt on their construction projects, and a heavy incentive to deliver their inventory as rapidly as possible.