I assume you're going to sell it to a developer, so sell it as is and let them deal with it. 

Quote from @Anthony French: I’m relatively new to real estate development, having completed only one fix-and-flip project.

I will still post on here weekly but currently these are the things I am working on:-Vetting my options for financing-Vetting other parties and areas for best success on this dream project of mine.I have a few ideas on the concept and will eventually reveal it here 🙂Cheers folks keep chasing your dreams!

also what part of columbus ohio is considered good, low on crime, fast developing yet still affordable to buy a house? 

But now I have a new perspective on building the relationship with him, and others like him at other brokerages in town.One thing is for sure, the investors and developers in town who have been buying deals for 3-4 decades are eventually going to want to slow down.

or build to rent development as a strategy?

First hand it's doable but you need to develop a trustworthy team. 

However, this method still carries reassessment risks.A revocable trust set up by your aunt (after your stepfather quitclaims his interest) is likely the simplest and most tax-efficient way to ensure you eventually own the property while avoiding property tax hikes and probate.

I was referred to the actual developer, Rebar Development, by City of Fishers and am waiting to hear back from their Corporate Counsel.

Over the last year, I've developed a passion for real estate and want to be able to use it to generate income and secure financial freedom in the long run.