I wouldn't necessarily put a lot of efforts into improving/building/spending in hopes of staying booked solid, but it is a nice 'side hustle' for a pretty piece of land to bring in some extra income while it sits. 

I'd hate for you to spend thousands on a simple paperwork drill but I also dont want to you to get in over your head.Good luck 

Oh yeah.......depending on how trashed the place is, you can spend an easy $5-10k on demo , hauling and clean-up.

Id like to add we spend extra hours after work on wholesaling, and i do cold calling. 

There’s a billion dollars in development proposals in that area alone!

In that case, I guess I don't understand why you would even want to spend money on any such system.

Hi tax pros - I have a question about REPS status.First, selfishly, do you believe that my job as CEO of BiggerPockets, which I spend obviously spend essentially all working hours on, and dwarfs activities involving my real estate portfolio (which is managed via a property manager) qualifies me for REPS status?

There are hookups, and I have the units to place there, so won't be spending any additional money.

You will definitely need to hire an engineer and you will definitely spend more money.

The successful wholesalers I know spend $8,000 + per month on online marketing, SEO, SEM, landing pages, lead conversion, etc.