Anyone have experience developing say 3 units on a lot?

Hi Jim, I have someone I can recommend who has done a lot in the Lakes Region - let's connect soon because you know how busy all the contractors are at the moment!

I have a good amount of experience with development locally and if you are buying mostly land then I could see how a title search(along with zoning, utilities, ect.) might be more important with tax deeds than an existing SFR. 

While we are still developing our business model, we intend to focus on buy and hold properties in the South Carolina, Georgia, and Florida markets.

We currently own a new house that was built before we moved in, and it is in a developing neighborhood, we are going to rent that house out then move into the house we just bought and do a live-in-flip and possibly sell or rent after two years to avoid the capital gains tax on the profits.Our goal is to get as much stuff done to the house as we can before we actually move in because we have two small children and it will be rough trying to live in construction zone with these two crazy babies.So, so far we have taken out the whole kitchen, removed ugly tile in the living room and two bathrooms, and started demoing the laundry closet.

In rare cases, I suppose a vast shift in the market like a substantial "pathway to progress" or neighborhood development could greatly improve a property's status.  

The other issue is that cost is very different depending on the region of the country you are in. 

Before you develop a strategy it would be good to look at what your market is doing.

Peachtree Corners is very nice, a lot of high end commercial development in the area and the proximity to downtown Norcross is really convenient as far as value for location. 

It's come a long way and it's still coming.Once you factor in local external influencers as well such as the Chula Vista Bayfront development (which is actually making good progress in the approval process),  I would argue that IB will only grow in demand.