There may be some local factors (nearby construction development or major change) influencing the owner to sell at a discount OR perhaps the owner has not been keeping up with capital improvements and the tenant base as suffered and therefore actual collections of rent have been impacted.

It would need to be a ground up development however and I personally haven't done that before.

I listened to a podcast about real estate development, now all I see are the properties that I can replace.

Just as I start looking for properties, this news item crops up today:https://www.cbs17.com/news/loc...For those who may not want to go to the link, or the link goes stale, a residential development in my area went through a HOA change-of-mgmt, from the developer to a different composition of Board members.  

Our developer recently obtained the shell and core CO for the entire condo building.

Also big shout out to @justin R for letting me come onto his development sites to help out and learn some tricks of the trade.

It seems that the institutional players will be developing technology to allow them to scoop up deals in markets all over the US.

If there was a team that developed an online game where you could simulate real estate investing, crunch numbers, find properties, and sell and lease homes it would be lucrative.

Both trades are very important to a developer but I think it will come down to what you enjoy more.

@Crystal Chaillou I would love to read/listen to the self managing seminar you are developing.