@Amy DeCesare While the areas you mention could certainly benefit from more multi-family units, generally people in the more affluent parts of the state like Washington county oppose such new development, either indirectly through zoning ordinances like minimum lot size and parking requirements that make it almost impossible to build (as @Brandon Ingegneri mentioned), or directly at zoning hearings where neighbors show up and oppose it because that they don't want to change the "character" of their neighborhood.It can be done, but it's far more the exception than the rule and requires big bucks, political savviness, and the ability to make a big bet and absorb the loss if you lose.

From your byline, it sounds like you're living in Woonsocket but any other factors driving you to focus on the area?

The piece I wanted went higher than I wanted to pay, but then that was bounced by a developer who bought all 30 acres plus the house.

BPers, I'm trying to calculate my net cash flow and it occurred to me that in the normal formulas we tend to use, we never factor in the tax write offs.

I need to develop a team to punch out a similar deal.  

It's hard to get anyone to trust you without at least one of theses factors. 

Do you know location factor is always deeply imbedded in price.

It's a fully developed town and all but it's a little run down. 

Department of Housing and Urban Development.

We are a real estate developer seeking land for acquisition and development.