Now I've got a property under contract:$78K purchase$35K in development of utilities.$24K in soft costs (permits impact fees etc)$200K (or less) buildout of the house (size tbd on after-build-appraisal) Likely going with 2/2 A frame 1000 sf.

Check out some of things happening in Detroit in 2024:https://michiganchronicle.com/2024/01/03/major-developments-that-will-define-detroit-in-2024/Your first question shouldn't be WHERE to invest (that is #2 question), but HOW you will invest!

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

If you are not attached to the duplex, could be a good time to sell to developers who want to convert to individual condo units.

Building a new location, development profit., B. 

This can help you gain experience and start to network and develop a team of people who can help you invest in future deals.  

The macroeconomics are blowing up and going parabolic - population growth, job growth, and companies moving and developing here.

For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.

My business partner and I are developing a 60 acre 15-unit glamping/wedding boutique resort in Asheville, NC right now and learning a lot along the way!

Depending on the development of the software, it would be interesting to see if AI can replicate the role of a listing agent.