We are excited to get started but want to make sure we set ourselves up well by talking to folks in the field to set up our business model well, find great real estate agents and investors that work in our area, and see who else is out there doing it in this area.

The work was good enough but you definitely get what you pay for.

I also work with a ton of out-of-state investors who love investing here in the Columbus market.

There's a great book called Every Landlord's Legal Guide published by NOLO that will give you some great basic advice on how the process works, you may want to buy that.

It was so good working with you Elijah, you have a very bright future!

But per lot it will cost roughly the following:$1,500 Electrical poles, meter installation $2,000 water taps and connections$5,000 grading and land prep$8,000 septic installation (assuming a 1:1 ratio of homes to 1000 gallon septics)$5,000 down payment on each home ($700-750 / thereafter per unit)$21,500 total set up x 17 = $365,000Ongoing expenses after development would look something this for POH model: $12,750 a month in mobile home mortgages (17 x 750 for PITI on each unit) $1,900 a month in land mortgage PITI (house) $3,000 a month landscaping$2,000 a month in reserve emergency fund$2,200 management$21,850 a month total expenses $262,200‬/yearOngoing incomes after development would look something this for POH model:$27,000/month ($1500 x 18 {17 mobile homes plus house})$324,000/year324k-262,2k = 61,800 net pre-tax profit or $5,150/month.Opportunities to reduce start up expenses: Bulk deals with the government or contractors for doing all the work at once (electrical, water, land grading, septic) Trade free rent for someone to mow and landscape (turning a $3k event into a $650 event every month).

.) - Integration with lead capturing platforms including websites and social media- Workflow/transaction management systems that serve as a checklist to help you remember and organize the 5,000 different things you are working on for your various clients - Monthly pricing in the range of $10-$60/month Platforms such as Top Producer seem to be industry staples but there are several new(er) systems like Zoho that seem to offer interesting features as well. 

It is important that you hire professionals who have experience working with foreign investors.

I sold one property just before interest rates went up, which worked out well for the sale price.

It is important that you hire professionals who have experience working with foreign investors.