If we do a Self Storage development we expect a 400% COC return.  

I have bought a couple of units and now working on my own development.

Finally, The rent control discourages further development, limiting supply which results in higher rents.So rents go up, but the rent control advocates are too uneducated on the economics of the rent control policy to see their role in the rent increase.Another consequence of rent control is no value in keeping the property as nice.

There’s a lot of new development going on in Huntsville proper, but properties in nearby suburbs like Athens, Decatur, or Meridianville are both more affordable at present and less prone to competition from new construction.$150,000 can buy you a tenant-ready 3 bed, 2 bath single-family home in a B-grade neighborhood.

You need to develop a subject matter expertise and treat this like the hands on business that it is. 

I have a few lots in New Orleans and am looking to run  profitability analysis of sfr 3/2 development v. one zoned as duplex.  

For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.

As an investor here myself, I can tell you we're seeing solid rental demand here thanks to the strong job market and major employers developing here. 

At a minimum, having viable plans in place for development will make these lots more marketable and valuable to potential builders when we have conversations. 

As I develop trust and confidence in them, I invest more, and I've come to have a significant portion of my net worth invested with some operators.