I have several contacts in new home construction, architecture, land developers and community organizers who help me locate buyers and sellers.

Broadstreet Private Equity.They have several offerings including an infrastructure fund where they develop subdivisions for major national home builders in the Carolinas and Georgia.They also have started a store n lock fund in partnership with Public Storage , a cryto mining fund and I think a restaurant fund.I am primarily interested in the infrastructure and store n lock funds.Also, does anyone have any suggestions on back ground check services?

My aspirations include becoming a real estate developer, so I want to learn as much as I can.

The primary goal is appreciation adding value building equity and therefore net worth.I’ve been at this “game” 46 years  and there is no magic bullet.It takes time, discipline and consistent effort.But it can be done in 10 years.Of course this means living below one’s means - ie spend less than they make - to develop and build cash and capital that can be invested and then watch ot grow over time.Hope this helps.Arn

My overall goal for my professional career is to start an investment firm and own a big multifamily portfolio and get into development.

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

How much is typical price to pay someone to develop land?

The surrounding lots are developed and have houses, It is not a closed community but it looks like one.

As a builder and developer in Chicago, I've been on both sides of the 'GC equation' - working with GCs and being the GC ourselves.

(Land and construction cost, expected sale price, etc.)My last development in Chicago looked like this:Land = $300kConstruction Cost $650kHolding Cost/Closing Cost/etc. $50kProfit roughly $100kThat project was in Bucktown on the nw side of Chicago.