I believe that it is worth much much more than this especially after repairs and if the city buys some of the lots to develop into a school and other things listed in the plan.

This led to the development of many strong relationships and a network of talented individuals.

If you don't have the ability to put a package together, you need to find a developer that will assist you in doing so.

What about development and servicing to utilities ?

I have also developed an interest in multi-family properties as well, but I'm not sure it is wise to start there this soon.I know that networking is one of the most important things to do. 

A face-to-face first meeting and conversation were invaluable in developing this relationship. 

Unfortunately many investors, landlords and developers even seasoned ones don’t understand the nature of the Electic and Natural gas supply contracts they enter or have a long range plan. 

The price difference between the first and last batch of homes sold in a development will be waaaay greater than overall appreciation in that same time period, because they keep on doing this all the way through to that last sucker buying that last home for vastly more than the first home in the development would today sell for.

I've truly enjoyed the experience with my primary being a brand new build, and COULD SEE lots of potential upside for purchasing a rental brand new from a developer.

@Dean Letfus this is where small scale community development alongside with investors makes the most sense.