After you determine the price point on the lots you work backwards form there and subtract all costs of the development and a profit margin you are happy with to determine the price you can pay for the raw land.

Short-term cash flow: Less homes will be constructed in the next few years if raw materials skyrocket.

The custom for SFRs is still the same, the tenant usually gets the bills.Since I am not in the habit of letting my tenants screw me raw on a whim, I have to jump through hoops with every acquisition to get the sewage and garbage bills sent to me, "in care of" my tenant and explain I don't give a tinker's damn about the custom.It's just Western Pennsyltucky-don't-drink-the-water-stupid all around, and you have to be on top of it.

@Gregory McKinley I get raw lists from the title companies.

Real estate is different from technology start ups where investors look for pedigree, energy, and pure raw talent.

I am looking at selling 14 acres of raw forested land in the state of Washington to a buyer using a 3 year installment with balloon payment. 

Hey @Laretta YoungBP boogs are great, ive bought like....5 of them , including long distance....Im also from out of state and I was looking for a place to invest, I did my reaseraches, found few great markets, but the problem is that everyone else invest in those markets....so I was looking for under-the-radar markets, markets that regarding raw data (unemployments, job growth, population growth....) are not right at the top.so I found Des Moines , Iowa, right now im in a middle of a flip there, but I have no reason to leave this area after that.I think that even though other places perform better, for an out of state investor, its more important to have a system, and people he can trust in that market (if you bought David Greene's long distance... through BP store, they also gave you an access to a pdf file he wrote called "the core 4")@Darson Grantham you forgot to put other important links :)this one,  hopefully it will be right again this time:https://www.cnbc.com/2019/02/01/these-7-recession-proof-cities-can-offer-security-in-an-economic-slump.html and this onehttps://realestate.usnews.com/real-estate/slideshows/best-places-to-live-in-the-us-for-families?

raw land can be tough to appraise but if you can find acreage with the same zoning, overlays, mineral conveyance, utilities, and near the same location- you can get pretty close to an average cost per acre.

I work with a lot of them and I have to say most are quite unreasonable because they believe the kool-aid that media spits out to grab eyeballs; few look at raw data.

Looking for an experienced CM to help plan & execute a raw land development project in Ewing Twp NJ.