However, I understand FHA lenders do have a restriction, therefore, if you buy a condo or townhouse in a certain development that's heavily NOO, it could cause problems in the future when you try to sell.

If both public sewer and water are available are available, the minimum lot area is 20,000.The property is bordered by a main road (with manhole covers every X number of feet)and a McMansion development.

The Fountainhead - Ayn RandLandlording: A Handymanual for Scrupulous Landlords and Landladies Who Do It Themselves by Leigh RobinsonReal Estate Development Principles and Processes- Urban Land InstituteHow to form an LLC - noloPrinciples of Real Estate Syndication - Samuel Freshman

That's a very significant development, as it allows you guys to do more in less time.I hope you're feeling the speed, and finding it improves your experience here on BP.

Our development business has the best yields (40-60% unlevered) by far.

This is my first rental and my judgement just isn't that developed yet.

Some are so restrictive development is not possible.

If you want to develop a good reputation, then don't do it.

Glenn I forgot to mention that being built in 1955 you most likely will have issues with lead abatement with the new EPA certified rules which will increase your rehab cost.I don't know why everyone gets worked up on a house being close to a commercial property or highway.The value of the land the house sits on is often worth way more for development than the value of the house that sits on it.You can still have someone pay you to haul off the house or gut it for parts and make some money that way.I love land next to commercial and know exactly who to market it to an dhow to sell it.Now if you are in a big subdivision with track homes on small lots that backs up to a junkie commercial business that is another story.The reality is you are probably not going to assemble all the homes for a commercial project because the front piece is the most valuable and everyone will want to much for their house making the project total cost unfeasable.

I think the developers respond very quickly to reported problems.