I knew that, was just trying to call his bluff. 

Well then I probably would suggest cedonia , belair Edison, Gwynn oak garwynn oaks ,waverly those are decent areas you can get properties in those areas rent ready for those prices , I just sold a light rehab I completed for 120k in bel air Edison and they have it rented for 1550 with an A class tenants so it cash flows for him and it was 100 percent rent ready for him .

The developer(s) are calling what they think is your bluff that you can and will build without them. 

I own properties in various towns on the island (including Oak Harbor). 

It is a 3/2 1250sqft SFR with an absentee owner in Royal Oak, Michigan.

Don't assume the city won't try to call your bluff and hope you just take their word for it instead of educating yourself. 

@Chris Carson so you referring to River Oaks Park upwards.How about 32204, 32205 – Riverside & Five Points? 

Booming areas are anything Dallas and north, avoid south Dallas, south Arlington, Oak Cliff, etc.How many units?

My brokerage allows me to be an investor friendly realtor here in the Berwyn/Oak Park area, and has been a great fit for me as I have grown my business.

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