Im relatively new in Sarasota, FL and hoping there's a real estate group here that meets on occasion (or would like to) to explore RE related investment prospects, etc.  ...coffee, wine, cigars, etc.?   

I'm looking for the legal definition of "paper lots" and was hoping that someone might be able to point me to a good source.

i mean, as far as I know, the Millennials (I'm one too, '82) don't get together at a weekly meeting and jointly make decisions about what they're going to do, but you're totally right about the overall size and the interplay with the underbuilding. 

I hope to meet new and seasoned investors to learn as much as possible.

College students meet your definition of adults?

They do offer a early meeting and a main meeting.

If you meet the holding period you will only pay LTCG (long-term capital gains) on any growth.RSUs - A bit simpler, when your RSU shares vest they will move into your brokerage account and that will trigger income tax on the value of the shares. 

If the numbers meet our criteria, we move forward and, if they don't, we move on. 

Did you live a year in each one and then buy the next one to meet the primary resident requirement?

I have researched potential investment areas and found a market in North Carolina that meets my criteria.