It is surrounded by a wide variety of employers, private, public, and military, and is reasonably commutable to DC and Annapolis, MD.

Madison appears to be driving this surge, compared with the surrounding area driving the previous surge.I wouldn't get too excited just yet though.

., but since they have to pay the bond holders for their debt before anyone else they skimp on infrastructure and everything else. 

You might want to familiarize yourself with the price points for different property types in DC and the surrounding areas, so you have a better sense of current market prices  You can also take a look at this article on market demand for housing in DC.https://wtop.com/business-finance/2020/07/dc-housing-market-very-brisk-but-may-slow-soon/Once you have a better sense of price points and the different property types in the DMV area, you'll have a better sense of what makes the most sense for your investment goals and how much time you'll need to get your funding together. 

Tons of blue states moving in SA and surrounding areas.

Any deal or potential deal can be vetted by quickly researching surround areas past sals history.

These are a few extra cities to consider as options.The North end of Collin County is in the path of progress, with huge growth around infrastructure, proximity to relocated, and relocating employer and high quality schools.  

They just announced a new plan to bring affordable housing and improve flood/drainage issues in the surrounding area.

Thanks folks.....this is helpful.I have some information back from the architectural firm about the lots that would fit:80’ lots – (2.5 u/a) = 51 lots70’ lots – (3.0 u/a) = 61 lots60’ lots – (3.4 u/a) = 70 lotsToday I placed a call to a fee developer to assist with costing out infrastructure. 

I should mention that we ended up creating an addendum that the seller would reimburse me after closing for any additional funding he received above and beyond the 43K we discussed.The numbers: Purchase price: 43K -- Loan Amount: 60KOut of Pocket Cost: 1K Earnest Money -- $725 inspections (well/septic/water/home) -- $18,320.64 down at closing -- $125 in repairs (still need to replace a shower surround at some point)Money back into my pocket following closing 15,640.65Total out of pocket cost: $4529.99 (with 14K in equity on day 1!)