The macroeconomics are blowing up and going parabolic - population growth, job growth, and companies moving and developing here.

Flip to another developer looking for your zoning ordinances.

we need our own forum for this concept. I'd argue that there are very select zip codes where this strategy works. You need to find a zip code where land values are 10% of less of after built value. You have to find a ...

Developing? 

Most people that have been in school as long a you have develop high standards for themselves and others. 

Hands down other than major developers hedge funds and big time syndicators the biggest money in real estate today is the successful Guru trainer etc.. 

then there is active investing such as development and flipping.  

I mean really robust and to us the money is made finding those pearls of land that can be developed

For example, here in Columbus Ohio, you have amazing macros (population growth, job growth, and companies moving and developing here like Intel headquarters, Amazon, FB, Google, Nationwide, and recently Anduril AND you can still find positive cash flow and the 1% rule here PLUS there's AMAZING appreciation potential.2.

Other than new construction development same here we have no senior debt its all cash.. of course unlevered returns are are a little less but man is it so much easier to manage and not worry about paying the senior debt all the reporting One has to do etc etc.. having been through a terrible down cycle with syndication decades past and watching what the guys I worked for went through and lost I just decided if we cant pay cash I am not going to do it.