Many here may be familiar with appraised value but the bank may have asked an appraiser to develop a market price with a few assumptions.

The speed with which you develop each stage of your plan will flow from then, right?

@Tra'Mell Taylor  @Christopher Blanco I also sent a request your way because insight from a local would be a great help in identifying an area that makes the most sense.

It's a very exciting market to explore because there's a ton of revitalization and new outer-ring development happening simultaneously, and we expect it to stay that way for quite a while.

I am fairly new to the real estate development/home builder market.

I have purchased a lot of land just outside of Palm Springs (Riverside County) and am looking to develop it with a single family residence (circa 1400sqft 3bd2ba).

You've identified the lender's title policy as a junk "fee".You consider the lender's underwriting as well as the preparation of loan docs/security instrument by the lender's attorney to be "junk".There may be a few dollars to argue about in that list but not these.

@Paul Yousef The benefit of cost seg is dependent on the amount of '5-year' property (i.e. non-structural components in the building) that can be identified, 'segregated', and accelerated.

@Will Driscoll , reverse engineer the down payment, closing, rehab cost, etc.. by identifying a property that you are interested in purchasing with target cash-flow / ROI and use the rental calculator to determine the necessary funds. 

Seems like they are looking to start spending on new developments in many different ways.