Areas with new businesses or developing infrastructure often show good potential for flips.Next, building a solid local network is key.

I had grown very close to him and had developed a great deal of trust for this person.

In a nutshell, IL (where I live) too expensive of a market, but WI, MI, OH etc seems like you’d get more bang for your buck. also,  you can look at a City’s  consolidation plan and what their plans are for development to get a good forecasting of housing booms.

@Arif GungorurMake sure you check any HOA or development restrictions.

Thanks for the suggestion. to answer yours, I’m hoping to start with acquiring, then eventually development.

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.

There is strong macroeconomics because of the growing population, job market, and the major companies moving and developing here.

I wanted to burn down two houses on my 90 lot development.. not as easy as it sounds at least in Uber permit crazy oregon.. you needed lead and asbesto's test then remove those if they are present..

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

The best way to develop a solid SOW is this - you start off with what you are visualizing in your head, send drawings, pictures and products that you like.