In the end it comes down to being able to detect the BS and find the right people once you do that you are in pretty good shape.

But thats value add in the land and Timber space..

These are the different properties that are included in the 1031 exchange requirement: commercial buildings such as offices, schools and different establishments that are important for the population, as well as single family rentals, multi family rentals, industrial facilities, and even raw lands are included in the like-kind.

Otherwise most towns like Roxbury, Landing everytime someone moves in you will need to have the fire department inspect the property so you can get a c of o.

In decent shape now.  

Buy a home that you can split, ADU, or split the land into an extra lot. 

Vacant land or small property that will be converted to 23 units?

We can add a schedule B to it with our own terms however the Land Tenant Board rules will always supersede anything. 

If after all expenses it cashflows then yea that would be the best option for you'll be able to sell the land, if it doesn't then hookups might be a better option (With the big assumption that there is demand for that in that area) 

Traditionally I have sold the builder land and loaned him the money to buy the land and build the house with us splitting up the profits when it sold.