Investment Info:

Single-family residence other investment.

Purchase price: $55,000

Cash invested: $440,000

Currently under construction and pre-leased for $6,195/month, this 7-bedroom, 5-bathroom stu...

Quote from @Jake Andronico: Just spoke to a developer in Northern Nevada, and he made a comment that was pretty shocking to hear first hand. 

Many developers get hit with subsurface surprises, delays, and budget overruns, even after site surveys.

Major Development Projects Shaping Louisville’s Real Estate MarketLouisville and its surrounding region are experiencing a wave of significant development projects.

Quote from @Shema Cochrane: Hey everyone,This year, I’m shifting my focus more toward land development and moving away from smaller infill lots.

Still boils down to will the developers go for it and will the market receive them well.Portland came up with some really high density rules to allow these little tiny home villages and the planners and city was so proud and a few developers tried them but the market ( buyers) dont like them and the projects have failed so no one is building them anymore.. 

Raise the $600K, do the pre-development work, then “sell” the property to NewCo.  

Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.

I assume you're going to sell it to a developer, so sell it as is and let them deal with it. 

also what part of columbus ohio is considered good, low on crime, fast developing yet still affordable to buy a house?