I have a few lots in New Orleans and am looking to run  profitability analysis of sfr 3/2 development v. one zoned as duplex.  

I have bought a couple of units and now working on my own development.

And this is just a hair UNDER 17%.

Has anyone had any luck on structuring a deal with seller financing to obtain the land, then use a lender for the horizontal development infrastructure.

There is strong macroeconomics because of the growing population, job market, and the major companies moving and developing here.

For example, if the property you are buying is a development property, like a small house with a large lot in a developing area, then a small negative cash flow could be okay if you can carry it.

Hopefully, based on actual field measurements, past project data, and estimating software, your contractor can develop a detailed estimate that lays out the cost of labor and all materials for each phase of the project.

There are some major developments continuing construction, however; the price points are upwards at $290,000 or higher and rent rates being advertised at $2,000 a month.

That perspective will help me focus on developing and reviewing statements tailored to the scale of my property.

At a minimum, having viable plans in place for development will make these lots more marketable and valuable to potential builders when we have conversations.