So if you can handle the financing for all this until the builder starts buying lots and building , You should do well 

Quote from @Paul LaValley: I live in Tucson and know Tucson really really well so I want to start here and then jump up to include Phoenix area. 

This property has a ton of deferred maintenance but I'm purchasing it well below market value and I have a decent budget. 

@Josi Colley I was looking to BRRR as well.

But let’s go a later deeper - my down payment would come out of a well performing stock portfolio.

Real estate has always been in the back of my mind as a way to increase our wealth and provide for our family.

You'll get to write off any home expenses against your rental income as well. 

if i were to acquire these and have them be owner financed, I would want clear title and the other mortgage on this lot removed - especially if my loan has a balloon on it that matures prior to the existing loan, as how would to provide clear title?

They do not take into account the revenue from the STR in valuation.Just because you are doing well with it doesn't mean it will work for the buyer.

I have no idea who I should reach out to for help, and I just do not understand how this person no longer responds to emails or returns phone calls.I hope someone can provide some guidance.