Also I'm with an investor friendly company that has on going professional development for investors.

I would love to hold properties in perpetuity, but given my grandparents and their parents, are no longer here, the prospect is doubtful.I'm one of these numbers driven geeks - 2.5 decades in software development and design may play a part - and, as such, all our properties were modelled prior to acquisition.

It's all about the money.Many bought the belt line with grants, TAD bonds etc. in mind to develop the land.

I won't list anything I can't sell as my reputation is on the line.

Deciding to play an active role in the forum discussions helped me in my development as an investor big time!

If you are looking for flip property, why don't you find some reputable local wholesalers that are actively doing deals?

To put your large capital down payment at risk with little control doesn't make sense.At 17 out of 80 units you do not have majority share control of the development.

With time and as I start to build my team, I will have more developed and accurate estimates for these numbers.

Welcome to BiggerPockets @Kaphan Edwards.When I found the site, I was at level 0 for sure :) BP has definitely played a major role in my development as an investor.Good luck on taking your business to the next level.

I would also suggest you tie into a good realtor that could help you on your search for discounted properties and they will help you with developing an idea of price.