But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

Spend one year in that house improving as you are able (new paint and landscaping at the very least).

Hey Bigger Pockets Community,I hope everyone is doing well and continuing to navigate the ever-evolving real estate landscape.

one almost hit the house after a storm.3. make sure when you run the numbers on Texas properties to account for the increase in property taxes year over year.4. before you buy in a new area be sure you establish some kind of relationship with an electrician, plumber, handyman, gardener, roofer Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

The amount you can use for closing costs and rate buy downs is limited, so that leaves you with the majority of the credit for "upgrades," like finishing the landscaping, building a fence, installing sod, a sprinkler system, planting trees, buying appliances and installing blinds, etc. 

The squatters threatened the landscape  personnel who were simply trimming trees which were objectively hazardous.  

I've been thinking I would like to fix the outside landscaping/fence/Kitchen cabinetry and roof so I that I can get the max rent or just sell and buy in the midwest, 1031 exchange (not sure if I qualify).

Value add was paint, flooring and a little gardening (as though that would add much value).  

I'm looking into a property in Garden Valley 44127 and wanted to get the input of some investors and PM who are familiar with this area.

**Must Read**"The human mind may be likened to a garden, which may be intelligently cultivated or allowed to run wild; but whether cultivated or neglected, it must, and will, bring forth.