Assuming you want to aim for syndication, you sort of need to learn how to develop a pro forma that ties the return to an IRR/XIRR. 

I do expect greater development of condos and townhomes and higher density single family communities. - Acreage will continue to be a very hot commodity.

That gets worse as you get farther out of the cityTLDR: values depreciate, inflation has gone basically nowhere in Japan for a long time, the supply of housing is pretty good compared to demand (unlike the US) and that's because of flexibility with rezoning and development, taxes on rental income are high. 

I had to develop tenacity and perseverance when starting my business back in the mid 1990's. 

Much like by the end of this decade, I will take those same steps to become even less involved with work and have more times with my kids who will be really developing and that will be my focus.The difference once I made money, and was able to make it make money for me I de-risked by eliminating leverage.

There is so much growth here - population growth, job growth, and companies moving and developing here.

Hey All, one important aspect to consider about real estate developing paper losses.

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

We develop and consult new developers through the full cycle of development.Financing differs from project to project based on your equity, land cost, construction methods, etc.

The macroeconomics look so good for this market - population is growing, job growth is growing, and so many companies moving and developing here.