It's probably not going to end well for that landlord.

@Shafi Noss Improving the land would be the simplest since there's already a driveway, electricity, and an old water well that needs to be jetted again.

On the other hand, the croissant are cheaper, local and work pretty darn well.

We negotiated a deal with the owner for 20% Equity, we are responsible for infilling the community as well as property management (which we also get paid separately for).

Auction buying is a risk just is..

Best wishes to you as well! 

I would keep it in a high interest bank account might as well earn as much gain as you can no matter how small it is.However I think some debt pay down would be great not to the point where you are not liquid enough to Jump at another opportunity or can’t make a major repair when it arise.

Now for some nice winter shots then schedule for summer so you can add them as well.

This works out well in instances where a very small home underutilizing a very large lot. 

You need to know how to manage risk.