So I think moving the lot lines so the house and 2nd lot can be sold separately or even developed and also doing a moderate level renovation could really increase the value of this property overall. 

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The tenant pools are great, as we are the State capital, we have two MAJOR hospitals, government jobs, large developments happening (out-of-state union workers), MSU, Lansing Community College, and so on. 

Hey Joshua,I'm currently in the throws of a development project in Brooklyn, and the $300 a sf model is a little light, especially if you plan on decent finishes. 

Note: Our initial goals are to wholesale to build immediate working capital (targeting $150k) and hold for cash-flow to build 10k/mo FCF (free cash-flow).We have made some cash buyer connections, identified and underwritten potential deals on hundreds of current deals, and developed professional relationships in our target community (cleaning, construction, governmental). 

Purchase price: $28,000 Cash invested: $28,000 Raw land, and 2 adjacent lots to be developed into duplex rental What made you interested in investing in this type of deal?

You can connect with the local chamber of commerce and/or planning and development departments to find what is coming to the area that would create some appreciation.

Entry price point, avg rents, and upcoming developments!  

That's why my friend—who's a real estate investor—and I decided to develop our own tool.

To my understanding, there is an area the the villages is putting its name on that is not 55+ but I am not sure when this will get developed.