Hard part is making sure you can improve/add to the existing property or a development is more ideal. 

What is the upside of being the developer and realtor?

Secondly, there is an attached studio apartment.

That would allow them to do simple things in their room and it would be more like a studio.

They've been doing a ton of development up here both in the residential and commercial sectors as well.

After listening to BP Podcast #306 I realized I wasn't spending enough money on my personal education/development.

I would like to turn this into a studio apartment rental.

@Nick RutkowskiMicrosoft Project is a project management software product, developed and sold by Microsoft.

With thorough vetting and inspection, private utility systems can be perfectly OK and represent opportunity for investors who are willing to dig in and develop a better understanding of how things work.

There are parts of the country especially in rural areas or cold belt states where over expansion occurred and the towns demographics did not support that level of development.