I came across a company that works with condo developers giveing $31000 cash back at closing for investors.

The developer is guaranteeing us the first two years of rentals covering all mortgage payments for the first two years.

The land is developed and is set up for 17 houses.

For this we obtain multiple bids, compare and make recommendations, coordinate the efforts, oversee the actual work on site (periodically checking progress, documenting with photos, making decisions and change orders when necessary), inspecting and documenting the finished job, reviewing punch list items and authorizing final payment.OTOH, if you are talking about a LARGE project, or development type work...I have no idea!

So that gives me a good feeling on our first property.I will post the progress on our first deal as it develops.

It does depend on the ground being able to handle the load created (volume of fluids that can be absorbed into the ground).As an area becomes more developed and homes are closer together then a sewage plant is build and lines are put in so that homes can connect.

He has done development, manufactured home (MH) parks, MH sales and a hotels.

Hello EveryoneI'm new to the forum and I would appreciate any ideas for how to develop and use this property.

Worked out verywell for me, but has been many years ago now.That is what I'd like to learn about here most - purchasing vacantland to develop, or split and sell.

You don't want to rent to buy the place back to him because he might develop resentment.