I'd like to get two properties here for $100-130k each.Closing on Dallas property is today so I need to identify 3 replacement properties within 45 days.

@Brandon Swartwood I would recommend starting with the ULI Guide To Professional Real estate Development.

My friend is a real estate developer who has successfully bought, renovated and sold/rented out a few small apartment buildings in the area (I live in the Bay Area so there are plenty of 4-8 unit buildings).  

They do property development also so they are used to working with investors/developers.

This value is going to be determined by running the numbers and identifying the price point that allows you to meet your investment criteria (i.e. minimum cashflow, minimum ROI, etc.).

Now that it is identified, can you determine how much fluid is in there? 

Thus, the Department believes that in appropriate circumstances, owners and managers may develop and implement reasonable occupancy requirements based on factors such as the number and size of sleeping areas or bedrooms and the overall size of the dwelling unit.

Then take next best highest and use tenant and figure out rent per sq ft they could pay.You could possibly sell the land to an end user tenant, sell the land to a developer and make a spread, ground lease the land, or do a NN or NNN lease and construct the building.You need to analyze the tax implications of selling outright and paying higher short term gains capital tax versus developing and then converting to a new value created loan of 65 to 75% LTV.

Also, I wanted to see what are implications including for the holding cost if this is part of a Planned Unit Development community.

Hello, I am interested in buying a property on 500 block of Rose st Baltimore. It's about 3 or 4 blocks away from John Hopkins  hospital.  I am new with the area but I read about the Hopkins plan it sounds a like a go...