The numbers are what they are but you have to factor them into what you want to get in returns. 

I read in the news that they are seeking to develop the mill into a subdivision but not entirely sure when. 

Whatever you choose, though, you will generally get better treatment and terms, and develop a stronger relationship with a lender at a credit union than a bank, because of the cooperative ownership and not-for-profit structure of the former.

Most national brokerages have an extensive network - nationwide and international - that the average develop/investor can not compare with. 

People are priced out of pittsburgh and will look further south.Then theres the 350 acre planned Development in College Park.I just got a contract on a property in East Point yesterday.I really think its worth holding on to stuff ITP.

Highly desirable location, school district, is a "coveted location" by locals because most of the land is developed and it sits off an extremely accessible roadOur current rent: $2,500 + Utilities (the home could almost certainly rent for $3k).

Are you doing fix n flips, real estate development projects, or both?

SchaubHow to Make a Million Dollars in Real Estate – Brandon Turner The Millionaire Real Estate Investor – Gary KellerMaking Big Money Investing in Real Estate – David Finkel (Sandwich leases)Landlording on Autopilot – Mike ButlerHow to Manage Residential Properties Brandon Turner Book on Tax Strategies for the Savvy Real Estate Investor – Amanda HanSet for life – Scott TrenchE-Myth Revisted – Michael Gerber HOLD – Gary Keller The list is a culmination of self-development, business and Real Estate Investing books and I'd like to get a sense of which books on the list are more of a priority.

Looking for Real Estate Agents advice.I have a Lot in Mancelona, Michigan and I had been thinking to Develop it.

One reason I love this asset class is the opportunity for forced appreciation through building income and/or lowering operating expenses.One factor out of an investor's hands - it seems - is the market cap rate, which will ultimately decide the asset's value at sale.My question is: how volatile are are these cap rates?