OK, you're gonna wanna develop a little rapport with your seller, 'cause you're gonna want to negotiate.

Ultimately, I would hope to cultivate a mutually beneficial relationship whereby vested interests are developed both personally and professionally. - Xavier Jefferson

For the past few years I have been the onsite construction manager for a ground up residential construction developer in C.C.

@Darnell Griggs - We have developed relationships with money lenders who will do 90/10 loans and fund the rehab.Definately not banks... too much overhead, and they don't react quickly enough, plus there is a lot of overhead fees for things like appraisals, inspections, flood inspections, etc.

The national builders have been developing in bulk for years.

9 acre, 33 single family, ground up development project in West Palm Beach 33413 asking $2.3M ($70k/lot) for raw land.

I focus on developing and rehabbing.  

Some of the commercial developers I worked under always pre-leased their spaces before they started construction of new retail buildings.  

I have read multiple books, listened to podcasts, read blogs/posts, and spoke with a few individuals and I am in the process of developing my plan.

It is at https://www.biggerpockets.com/blogs/6547/49892-lan...What needs to concern all of us is that (1) this is just the beginning with new HUD rules and (2) we must now develop complicated rules that might not pass statistical scrutiny by HUD.