The road is not in, the water main not installed, the sewer main and laterals not installed, etc.Just having the engineering done, and the plan approved, adds significant value to the land, and makes it attractive to a developer who now, doesn't have to go through all that work.

 My concerns and focus in this phase of my life is long-term financial planning - retirement etc (46).I dont have any retirement savings except my job offers a State Pension and I own 2 single family houses.

If you own a condo in one, are you planning on selling it?

When you speak to them, see what their plan is, and what is most important to them.

Algebra and Geometry books on how they relate to REI.Proper knowledge on ho to analyze marketsThe importance of learning as many different strategies as you can, and then knowledge about those strategies, how, when and where to apply them, and the math behind them.Learning what a REI Plan is, and the difference between a Plan, Financial Goals, and the steps that lead you from where you are to your financial goals.The most important knowledge, is how all of this goes together.Now I've already done all of this, and more, but these are some of the most important things that are lacking out there.

@Deonte HillInvesting in a condo may be a wise move, provided that it fits within your financial plan and investing objectives.

@Greg Heden here's a funny story along your question.Seattle investor came to City of Detroit and his plan was to over-improve Class C rentals to get the "best" tenants that would appreciate the higher quality of home, pay above market for it, take better care if it, stay longer to reduce turnover costs and avoid rent nonpayment issues.After 2 years of trying to do this on his own, reality won and he hired us (we initially spoke with before he started and warned we didn't think it would work). 

What plan did you use, and did that plan become versatile during your growth?

I am planning to rent out the home refinance, and pull out some of my cash from the deal. 

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