Trust me, I've toyed with the idea.Vacant land where it makes sense to build large MFH stock might make sense, but chances are this isn't the land we're talking about here.The reality is most vacant land in Detroit is being repurposed for parks, the Joe Luis Greenway, solar farms, neighborhood gardens, etc.Beyond that, let's say you plan to hold long enough for SFH prices to get high enough where it does make sense to build. 

Despite the headwinds, sellers continue to see home prices grow, buyers’ appetite for housing remains high and bidding wars are still occurring.

Highly recommend Chuck and Angie Robinson at Exit Real Estate and Ryan Fox at First Neighborhood Bank in Parkersburg, WV

Highly recommend Chuck and Angie Robinson at Exit Real Estate and Ryan Fox at First Neighborhood Bank in Parkersburg, WV

On expensive apartment like these, if rent is too high, they would just rent a single family. lol.too much work for nothing.

Hey Francesca, I highly recommend Innago as that's what I use.

I would highly recommend the lender I worked with on this and several other deals.

The reason the fed's actions have been largely ineffective in curbing inflation is because keeping central bank rates high in this situation is the equivalent of throwing water on a grease fire.

The quality of each of those neighborhoods is block by block.

There is a high likelihood that they will find out at some point and all trust will be broken.