The biggest things you can offer in development are finding a deal, finding capital, or construction expertise. 

Land development and construction are two different disciplines.

IE its common in so many areas that the 500k home in Wis sits on a 75k or 100k lot and 300 to 400k is the cost to construct say at 150 to 200 a foot..

I've learned a ton about syndications, partnerships, funding for construction, the development process and so much more about managing consultants than I will ever care to admit. 

Since you have capital to deploy, you might also consider small multifamily to scale faster, developer partnerships for pre-construction appreciation, or even international markets like Portugal or Dubai, which offer strong appreciation potential and investor-friendly policies.

That discussion pushed me towards ground up construction, where I finally find myself today.

Purchase price: $120,000 Cash invested: $370,000Completed a co-living new construction project in St.

There's certainly been an uptick in available properties over the last few years as some owners have grown tired, new construction is booming in new lots and ones that were lost in fires, & investors who bought in 2020-2022 who may've overpaid and weren't properly set up are struggling.

But when the interest rates started going up about the same time the fed start raising its rate, new construction came to a screeching halt.

Second question is, if we don't live in the city we will invest in, we understand we will have to be traveling often, but who could be a good person to check in on the construction so we don't have to go every week?