Is there investment groups here in Houston that team up and take on projects together?

We are the last major metropolitan area to get one of these centers - and it's the largest economic development project to happen in Birmingham in YEARS.

I do work for a general contractor as a project manager, so rehabbing and fixing up is something I at least have some experience in.

I’d enjoy speaking with someone who’s done a land development project successfully and how they “vetted” the deal. 

Along the way I check for cash flow, here I deduct all expenses and projections including cost of capital, vacancy, maintenance, PM, capital expenses, from the total income; the remainder is the free cash generated by the investment.

My family owns a construction company in Indianapolis and I would like to start getting into some light/medium sfr rehab projects.

Had an entrepreneurial career, a family, went back to school to get a masters degree (in project management, so that’s helpful).

I’m working on a project and the 12 month term is about to end in approx 3 months.

The practice you get from analyzing deals will help to ensure you don’t pay through the nose for your first deal so as long as you know your limits and don’t bite off a bigger project than you can handle, it should be a very positive and informative process.

I've been looking into various approaches but have the same problem you see -- there isn't much available in the area,   and much of what is available is overpriced.For me, I've ruled out buying anything in Seattle proper until such time as the political climate stabilizes a little bit,    but I would be happy to find something in a nearby municipality.