If you had not team in those areas and could not have reasonably developed one, then you missed thing.You say you’ve done well in Chicago.

meeting with one developer is a good start but if you have plans I'd be happy to look.

(Land and construction cost, expected sale price, etc.)My last development in Chicago looked like this:Land = $300kConstruction Cost $650kHolding Cost/Closing Cost/etc. $50kProfit roughly $100kThat project was in Bucktown on the nw side of Chicago.

Based on a gut check (checking the town population + location on google maps), this may be the case. 

The surrounding lots are developed and have houses, It is not a closed community but it looks like one.

The ability to generate more income for simply the cost of a building is another huge cost saving over buying an expensive commercial lot and developing it.

We are solely working on assisted living:- Buying homes and leasing them at higher than market rates to these business operators- Purchasing existing businesses with the real estate- Developing / building newFor us, the business makes the real estate cash flow, we can create a massive impact, and the demand outpaces supply and will continue to be that way for the next couple decades.

My aspirations include becoming a real estate developer, so I want to learn as much as I can.

I intern for a developer, I'm learning so much and one of things I've been noticing is that it seems that all the good deals have been taken lol.

Areas with infrastructure growth and new development are excellent targets for long-term value.Key Tip: Adaptability is essential in 2025.