The average price per land for urban infill going 6-12 stories high on a higher density product is about 5 million an acre up to about 25 million an acre. downtown market premiums I've seen at the highest are 1200 a sq ft. in columbus you can get land about 1.5 million per acre downtown at best price, sells for about 600 a sq ft max, very little competition compared to miami. tampa I didn't really look at too much because miami has 22 zip codes that you can build at least 6 or 8 stories on and just a much better landscape than other markets. tampa is a little bit bigger than columbus but in my opinion more of a suburban market. miami is landlocked and very limited so everything is in redevelopment. both are amazing opportunities but the barrier to entry is much higher in Miami with the smallest plots of land infill going for at least 1.5 million I would say in areas like Wynwood Norte, Wynwood, etc. we looked all over but prefer east of 95 due to the condominium opportunities. multifamily is very strong in both markets but the condo premiums make it almost silly not to do one from the start and the use of deposits versus a single asset lease up and disposition is a longer sales cycle than the condo buildings being sold out prior to completion.

There are a million different ways to do this but calling other owners is not something I had in mind.

In my example, the public adjuster is looking at what you are insured for and making sure you are paid WHAT YOU ARE SUPPOSED TO BE PAID.If you insured a Picasso painting for $1 million dollars because that was its value you would expect to receive $1 million if it was destroyed!

That line is been stated and promoted literally thousands upon millions of times.     

There are 30 million people in Texas spread across a huge landmass.

Know of a UofM alum that eventually got $50 million from one of UofMs funds to invest in real estate.- You will need to start a legal fund to access these companies.Individuals: you'll need to network to get to these people as they usually only do business with those they know, like and trust. - You'll have to learn how to be compliant with SEC requirements.Your other thread has responses from some pretty knowledgeable and experienced people.

They lost hundreds of millions before shutting that part of their business down.

Tesla's expanding footprint in the area in recent years has made Central Texas a hub for the electric vehicle industry.Examples of the biggest recent projects in the Tesla sphere are: the company itself taking more than 1 million square feet at Kyle/35 Logistics Park; supplier US Farathane Corp. taking an entire 410,000-square-foot building in Georgetown; and Hanwha Advanced Materials LLC building a $100 million, 200,000-square-foot advanced high-tech manufacturing facility near Georgetown.

Sure the million dollar suburbs are nice if you have that kind of money and are playing the larger appreciation game but dollar for dollar pound for pound when it comes down to rent to value ratio its difficult to find the same kind of cash on cash returns section 8 rental properties offer in Detroit.

***That scenario is not so far fetched.