I'm interested in learning and investing in SF or Condo/Town houses out-of-state to develop passive monthly income.

I'm interested in learning and investing in SF or Condo/Town houses out-of-state to develop passive monthly income.

One time we took the payout and sold the remaining house and lot for $7500 and the other one we are sitting on the land right not to possibly develop down the road. 

This is one of the key components I have learned from developers 30 to 40 years into the business versus my 14 is to assess what it is you are doing, timeline and risk to get to the return you want, and then decide if it makes sense to take on the risk or structure an exit a different way ( or not do the deal at all in any way,shape,or form and move to the next property).  

(We currently don't have the budget to develop it ourselves, but that would be the next step. )Any ideas would be great!

If you run a business it's going to take all of your time, leaving little to develop real estate.

And it's really, really, REALLY common in new developments.

Before we start the development, we have some digging to do and I was wondering if anyone knows who we should approach about finding if there is natural gas, sand or coquina underground. 

Region of interest:I intend to explore markets and identify a specific target market somewhere between Boston and Cape Cod. 

Identify markets you want to be in, analyze deals everyday and start looking for private and hard money lenders.