I really don't think she meant the condo development Will, I'm thinking it's a small single unit, so 20K in costs is probably not an issue.

And I'm planing to generate revenue through wholesaling properties!

flipping can be a well paying job, but its a job, if you stop flipping, your revenue stops.I am a buy and hold investor, but am considering adding doing some flips,,,it seems some combination of the two would actually be the perfect plan.

I would only exercise the option if local development continues and I can flip the property for a nice profit.

I am new to the forum and RE development in general, and have a question on recreation facilities within a subdivision.

RE investment is more realistic to most people.I'd say Trump made most his money from investment (including development).

I've done a bit of digging and here are the developments.

He knew that I had been doing subdivision and land development for many years, and this was his first venture there.

Going to a few condo open houses tomorrow to initiate my market research.How did you all develop your business plan, specifically a mission statement?

It takes one, perhaps two projects for a contractor/investor relationship to develop a level of trust and solid communication.