You also want to account for your time, you also might add software or services that cost money.-5% Maintenance and Capex - realistically, this is too low.

I have a seller with a deal I want to purchase for development.

You could talk to them about planned developments and booming areas based on developments & statistics. 

Said lot is 1 of 21 being sold by the developer.

don't know but Oregon is quite strict in fact you need a developers license to rehab and resell homes .. even if your only doing one a year.. you can only work on homes you owner occ if its to be resold to the public you need a GC license for a developers license..

I keep digging, but it's been tricky to try to invest my few hard-earned dollars wisely when it feels like most of the deals are gambles.Then I see highly-leveraged projects / development-plays from some aggressive investors -- also more intense and scary than I'd like. 

Software/website/private contractors, around $40K/yr. 

My full-time job involves consulting with local governments and developers in land entitlements, ordinance preparation, and coastal development regulations.  

@Symchay Bendu I think the areas mentioned in the report linked to are to develop green areas IE Parks, playgrounds etc.

Looking to buy a primary home in the area on the prospect of area developing and also utilizing large lot for expansion/ADUs in the future.