Mark Kohler pushes this SDIRA crap too for real estate investing.KISS- Keep It Simple Stupid

We have super low property taxes and insurance (about $2k/year combine), and we have landlord friendly laws.  

Just have the key locked up somewhere with a combination.

Completed lots with Concrete roads, and water and sewer are costing more than $70,000 per acre in development cost, and are yielding 3 lots per acre, Combine development cost with prime land acquisition cost of $70k/acre, and your lot cost is over $45k/lot.My recommendations for you, 1.

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. 

I don't have much experience with anything outside of rental properties but i am very willing and open to go into a whole new direction.What I own so far:One Multi Family Building (4 Units)Six Single Family HomesThe Multi Family Building and one of the SFR are owned free and clear (Estimated value of $2.3 Million combined).

The issue is getting the data scraped that shows what each listing has, then combining those amenities into like amenities (e.g.

I'm not at the billionaire status yet, but maybe if you combine me & all the investors I've assisted with co-living investments...we'd get closer. haha!  

In order for me to be able to move in I would have to combine two units to be able fit my family.

Some investors think I am crazy doing that and perhaps so, but I take other people's money seriously and even when the crap hits the fan (and it will if you do enough deals for a long enough period of time), paying back your lender is priority one in my book.Most of my deals for private money also include a balloon payment rather than monthly payments.