We have sold about 50mm, but banked depreciation offset the gains (without having to use a 1031), so its important to note that blanket statements in real estate businesses hardly hold water, as structure is very important. 

I need a ton of help but mostly conservative costs projection to build a  5 home subdivision, average lot 1.2 acres, longest distance to run electrical wires, water lines, gas lines, sewer lines would be 1200 feet, install a double road, fire hydrant, 50-75’ driveway from road to each house, 5 street lights, cable.  

However factor in utilities because if it is in fact "raw land" you have to think about things like sewer, water, electricity, and gas. 

We’ve focused on single family homes because of my husbands comfort level but seeing the success he’s beginning to warm up to the idea of multi families too.

The ceiling damage looks swollen due to the water from aroof leak.

I have three units that I need to split the water/sewer bill for.

updated HVAC, water heater, bathroom, paint, carpet, dech, new accessoriesWhat was the outcome?

I actually like the cold but don't like the snow at all unless it's there for a purpose.....like snowboarding.Anyways, where would be a warm place that you would like to invest? 

Just to keep you from running down the wrong trail here.Environmental engineers do some tangentially related work to wetlands, but primarily focus on waste management, water management, soils/erosion management, public health (water/sewers), and environmental protections.

On the policy level, make sure you have all water coverages and $500k in liability.