A lot of the low hanging fruit has been snapped up creating a lot of competition for the inventory that's left.

I plan to use either my rental property or a piece of raw land I have paid for as collateral to bring it up to about 100K.

The low hanging fruit is gone.

Given that it is an existing lot, I would assume they had the permit and everything ready, so that cuts your time quite a bit, normal ground up with raw land is around 10-12 months.

And yes, Mar Vista has proven to be pretty fruitful, but I can not take the credit.

There is one more category "events" that can be very fruitful and can occur in the low season.

Currently we own two neighboring parcels; the one on which we live, and one adjacent which is raw, flat, street-front land, each about 1.3 acres. 

Hi Guys,I am looking at a deal in DFW TX, new construction (raw land right now) zoned multi family and allows up to 80 units (by right). 

My first job besides cutting yards etc. was when I was fourteen and I went over across the street from my subdivision to the local fruit market.

In my experience, larger companies are more constrained by their workforce than they are by their budgets, so the discount rates in these situations will often be the opportunity cost of not being able to do other projects because of lack of staff.Now, for smaller companies (and individual investors), the more common scenario is that the investor is borrowing money and has to decide whether the investment is fruitful given the cost of capital.