We knew it was a risk and would be wasted money if the sale did not close.

Quote from @William Fuller: When deciding to potentially acquire a piece of land that a wholesaler has under contract, what information do you need about the land or parcel?

Depends on your risk tolerance.

All that means is you've got bring your best to all aspects of the property and the listing itself -- location, furnishings, photography, heck, even the listing headline all matter a lot.At the risk of pitching here, my wife's YouTube is filled with a ton of great MTR content on setting up a listing.

If so you should be able to cancel but if you are doing it out of the inspection period you are stuck and could run the risk of losing your earnest money if you put any down. 

In Collin County, consider properties with strong appreciation potential in areas like Plano or Frisco.

But any improvements are at your risk.. the redeeming party just owes you your cash plus in our state 9% and any VERIFIABLE expenses you paid to protect the asset.

By buying mortgages, Fannie and Freddie reduce risk for lenders.

I would love to find something that is has value add potential but not looking to full rehab.

For a variety of reasons, including keeping this potential project "need-to-know" only right now, I want to get a ballpark estimate with full understanding that the goal posts could move in either direction as the project gets more discrete.