Based on my calculations and preliminary research, I have found that the Bay Area offers good returns from developing land, although acquiring level land and obtaining permits can be challenging.I have a few questions:1) Is it recommended to purchase a complete house plan from online sources like ePlans or similar websites and then customize the architectural design before submitting it to the municipality?

We are now being told that there are delays due to septic approval and our 4 bedroom/2 bath plan has to be changed to 3 bedrooms plus a den.

I'm moving to Memphis and planning to invest there. 

But if you plan to scale up, aren't you talking about $1mm to $2mm upfront cash to support your deals, prior to lenders? 

What do you have planned for Q2?

With plans calling for a 3/3 unit and 2-2/2 units and similar triplexes trading north of 750k this is a home run investment to keep in his portfolio.

.- Longer Terms: While you're hesitant about longer terms, refinancing some properties with 15-20 year loans at lower rates might reduce your monthly payments, allowing you to reinvest the savings.2.

So far no luck connecting with anyone and being able to use the capital we have saved to invest locally.  

I saved $3,000!

You can probably get a temporary demo account from Yardi.Have a plan to enter fake properties, leases, work orders, etc.