Hi James... it seems that if they are still building then your most favorable deal would talk to them sooner rather than later in that the the developer can use your land for certain Zoning parts.. parking.. fire access etc. allowing them the maximise the best buildable area for homes.  

No way I would flip inside it, then have buy and holds inside it later.  

Putting together a team for that but for much later. - SFR was purchased for $10,500 including tertiary costs.  

Since I am just starting out I would like to keep it generic at the moment and branch out later. 

As for, @Nick Chachaldora, @Richard Recuset and @Thomas Franklin, I will follow-up with you personally at a later date.  

Think about it, the majority of real estate investors don't last, the majority of them have tenant issues that drive them out sooner or later, they all keep asking about the same problem and the same people with those problems give them answers to treat the symptom instead of curing the disease.

I'll keep you message handy, in case I run into an issue later on.

Then sold for a small profit 9 months later when I was relocated for work.  

That brief meeting might fuel the courage they need to call you later on so always leave things positive. 

Two days later, she told me there was a guy came at night and left.