Study the neighborhood in terms of market dynamics to know if a lot can meet market demands or if it is worth investing in before deciding on its purchase Consult some experts who have found ways of developing vacant areas so that you may decide intelligently on what you want to do with your own piece of land.Good luck!

I suspect an Bk attorney would advise you that you don't qualify for a BK.I suggest you consult with a very good real property attorney, preferably one who practices in the area the property, or better yet the foreclosure Trustee is located. 

We have consulted with real estate lawyers and they basically just tell us you guys need to create your own terms and how you want to proceed. my thought is, 100k down while waiting for loan to assume, and seller financing and living there until that moment, and covering the rest of the funds at the closing table.

It's always a good idea to consult with multiple lenders to get a better understanding for your specific situation.

.- Consult with a real estate attorney: While you're right that legal fees could exceed $6k, a consultation could provide valuable insights on your liability and options.- Review your insurance policies: Check if your flip insurance or any other policies might cover this type of situation.- Communicate with the county: Try to negotiate with the county officials.

I had zero one-on-one time consulting or tax strategization, only submission of my tax criteria and completion of my returns.

Be sure to consult your mediator for details or do some research on your own if you don't know the details already.

If you have any doubts or questions, it’s always best to consult an attorney to ensure you’re compliant with fair housing laws.

Consulting with a tax professional and financial advisor to create a comprehensive strategy that balances your real estate ambitions with long-term financial security.Remember, successful real estate investing is about managing risk as much as seeking returns.

@Ran FridmanI'd consult a local attorney.