It is an interesting development we should all watch. 

I can't wait to continue developing my investing skills and connect with everyone!

We really like that area right now for the cashflow and for the future appreciation if some of the projected development happens like Stone and the Fulton Yard! 

The investor may still be willing to pay over market price for a number of reasons, such as accumulating individual properties adjacent for future development; to add to a portfolio of close by properties so synergistic effects may be realized; because he knows something that will lead to large increases in future value; because the property will return a higher net income than the comparable properties, etc.

@Maria BurksCash on cash ROI is important as it signifies the return on investment relative to how much cash you'd invested.

I know very wealthy flippers, 1-4 family rental owners, apartment owners, commercial building owners, note buyers, developers, etc.

I’ve just begun enjoying the BP community and have developed a respect for the quality and legitimacy of the users of these forums.

If you're a buy and hold guy, then buy a decent condo by a well-known developer at a AAA location and you'll be fine.

Amazingly enough, two young women took it right away,  and although she went through several roommates, one of them was our tenant for the next six years until the place (which had just gone condo when we bought)  decided to go BACK to apartments and we sold it to the developer.  

You can also see who is most active on BiggerPockets which may signify how involved they are with other investors on the platform.Best wishes to you!