I have over a decade of experience in strategy consulting and in real estate underwriting for new acquisitions and ground up developments.

Out of these areas, Franklinton and Linden are seeing some of the most developments.

The biggest hurdle I see with arbitrage is developing a pitch to use when approaching landlords, which you can probably do with a little research on BP and ChatGPT.

Most take near a year in southern Ca, but you hear of exceptions in both directions on that timeline.What some developers are doing here is leveraging the affordability issue and getting permission to build additional ADUs by designating some as affordable or semi affordable units.  

Do you do any development projects? 

you have to learn land entitlement. we identified a site today for hotel development that was an 18000 sq ft lot.

In Columbus, you can still find the 1% rule and there's amazing appreciation potential due to how much population growth, job growth, and companies moving/developing there (recently Anduril just announced another 4,000 jobs coming to Columbus Ohio on top of Intel, Google, Amazon, FB, Nationwide, Ohio State University, etc.).

Not to mention the economic development steps the town is taking in ensuring the growth of town (roads, schools, zoning) stays on par with the future expected population growth and new jobs that are going to be a result of the new factories opening.  

As there is a general flight to affordability, the new developments don't fill as quickly, and rely on concessions and/or lower asking rents to fill up.  

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one.