Hello Kyle,There are lots of things to consider, and there are lots of different types of Zoning for residential.For example you could be zoned residential, but the minimum lot size could be 1 acre, and you are buying 1 acre, in that case you wouldn't need a developer, you would just need a builder.For example, lets say you have 5 acres and a perfect rectangle property, that has an existing street that runs the long ways of the property so you won't have to put in any streets, you will simply need to get with a surveyor, figure out your minimum lot widths from zoning, and file with the municipality to get your property subdivided into lots.Once you have subdivided lots, you can either sell the lots outright to a builder, the cleanest transaction.Option 2, you could try to partner with a builder so you can split the profits, most builder's will want you to guarantee the loan, and still charge a build fee before profit splits.Option3, you can hire the builder, obtain the financing, and keep all the profits.Option 4, you could do any combination of 1,2, and 3. 

so all in he is about 100k including the 10k profit I will make I just saw the HUD this morning and he will get his 10k back and make 32k Net profit.. 2.

Conventional, DSCR, HM, etc would all work.

I analyzed some properties there and the cash flow is all negative that's why I asked the question here.

I have an investment property with a 1st Position HELOC on it that I use for all my funding.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

Hello all, I'm Joel Di Piazza, I live in Clearwater Florida. 

All other assumptions look good to me, but I must admit the cash flow per month wouldn't meet my criteria for the investment - it's lower for my returns.

With your price point I'd look for a duplex that is 350k or so, but if all you can do is a good house to start, then start there. 

How did you all start in real estate?