I am looking to bankroll and launch my investing endeavors by selling a property that my family has owned since 1940.

It would seem building in a new development the comps and appraisal would be easier to target than an area that is transforming. 

Depending on the length of the run, whether a new transformer is needed and other stuff, it could be cheap or could be expensive.As for water and gas, are the current lines big enough? 

Well I always knew I would end up in the REI world...got here a little later than I thought but I am ready to put in some real time and effort into this endeavor.

a big congratulations and good luck on the future endeavors! 

Good Luck and much success with your real estate endeavor!

This is one of the wow moment when you realize that you are providing work and income to support 4 families, transforming property, making positive impact on neighborhood, move in qualified tenants/buyers, making Houston a better place to live!

I have a current career that I enjoy and have other business endeavors.  

Best of luck in all your endeavors.   

I wasted a lot of time with this misleading process of on-line bidding...Can I call over to India and have them pay me for my time spent on this wasted endeavor...!!!