@Roopali Bahal Before getting into the weeds of market and property analysis, you should develop your investment criteria. 

This thread is confirming my suspicions that I would most likely come across as a pest looking to waste the valuable time of a professional, with nothing more than the prospect of possibly funneling some business their way, IF several things fall neatly into place.

I decided its time to start talking to some people about what im doing. turns out a family member was a motivated seller , long story short I bought a 200m2 piece of land in Baja California with an amazing beach view. lots of development is happening.

Chicago is on a lake, so our city is a half circle with the center being downtown.  40 miles around the city is already developed so in the new construction boom before the crash we had hundreds of new communities being built on farmland 60 miles out. 

I am a N.Y. based nonprofit developer and would like to partner with an established firm.

Lots of prospects will call, ask about property, I pre-screen over the phone, and they either hang up on me or not show up for showing, or if they show up and after I give them application and they never come back with it.... 

Notwithstanding, SEP contributions are voluntary and discretionary (depending on your structure), so a banker/lender should recognize that, prospectively, such contributions are not necessary operating expenses.The upshot of all this is that you should reach out to your mortgage broker and lender ahead of time.

My clients hire me to do this type of research ahead of prospective renovations & additions. 

Hello BP Community,As I have been researching developing markets lately, I have taken the time to immerse myself within my community that I live in to learn more about my immediate market.

I get the picture now.. your getting interest from developers that want to subdivide the units.. and there probably is big upside.