Plan is to develop and sell the homes.

Purchase price: $2,900,000 Country Glamping and Development LLC acquired 776 acres for a project called Country Glamping on the River, LLC.This is Rawland/Off-Grid/Glamping/STR and Owner Financing for Lot Owners that want an Oasis Get-A-Way and Glamping ROI development on the TN River.you can see the Project: www.CountryGlampingontheRiver.com What made you interested in investing in this type of deal?

This is a long term development opportunity.

Existing deals will instead be saved by NOI growth driven by rent growth--if you have the staying power to hold on long enough.Supply:  High deliveries remain today mostly because of "hang over" from projects that are taking longer to complete than developers (and industry analysts) expected. 

I am working over these next few months to learn as much as I can to develop systems in order to analyze the next market we will move to.

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

However, you have to invest in specific communities where they are encouraging development.

Like I brokered a 22  lot development of duplex's for a builder and just charged him 30k flat fee per sale.. they sold for 225k each back in 05 when I did this and I sold them all in one weekend at a big event i paid for in San Jose CA.. all to CA investors it was my fly and buy program I did in those days..

Mixed-Use Developments with Green DesignsEco-conscious development is on the rise.

But, all of the areas around there are starting to develop as well.