We currently own a new house that was built before we moved in, and it is in a developing neighborhood, we are going to rent that house out then move into the house we just bought and do a live-in-flip and possibly sell or rent after two years to avoid the capital gains tax on the profits.Our goal is to get as much stuff done to the house as we can before we actually move in because we have two small children and it will be rough trying to live in construction zone with these two crazy babies.So, so far we have taken out the whole kitchen, removed ugly tile in the living room and two bathrooms, and started demoing the laundry closet.

In rare cases, I suppose a vast shift in the market like a substantial "pathway to progress" or neighborhood development could greatly improve a property's status.  

Before you develop a strategy it would be good to look at what your market is doing.

Peachtree Corners is very nice, a lot of high end commercial development in the area and the proximity to downtown Norcross is really convenient as far as value for location. 

It's come a long way and it's still coming.Once you factor in local external influencers as well such as the Chula Vista Bayfront development (which is actually making good progress in the approval process),  I would argue that IB will only grow in demand. 

We work with a few institutional developers building in Walla Walla, Tri Cities, Boise ID, Bend OR etc. and frequently get called on to help out with this sort of thing. 

Just make sure you use the commute time to work on self-development and not entertainment.  

I'll also make a ticket for the developers to look into why it's not formatting properly.

The ULI membership itself is steep but the classes aren't cheap either.I'm located in Boston and these two events are coming up:https://americas.uli.org/event/basic-real-estate-d...https://fall.uli.org/I'm trying to get my foot in the door of a development company so I can learn the ropes of some small/medium sized developments and adaptive reuse projects with the end goal of taking on my own projects down the road. 

Although I agree vacancy control would be very negative for landlords, I have to believe the authorities would try and act rationally if they don't want development to come to a screeching halt and turn us current landlords into slum landlords.