When initially purchased, the property was in disrepair and had not been properly managed for 10+ years.

There really isn't enough information here for someone to give you a proper answer.What you need to do is calculate those tax savings over the next 5-7 years (or however long you plan to stay in the house) vs. what the interest rate reduction will save you over that time period.

Properly testing for types of mold could be a few thousand.

How do I properly analyze this property?

Purchase price: $8,000 Cash invested: $2,000 I purchased 2.5 acres of Raw Land in Joshua Tree, less than ten minute drive from the park and downtown area in 2018.Purchased via seller financing.2k down with monthly installments to pay out rest.Current similar lots are selling for around $65kI plan to hold long term Would eventually love to develop something on the land-either an art park or residence.

Why are you re-installing mechanicals on vacant properties - after they've been stolen?

You are correct the proper word I am looking for is ownership.

If you are going to go with secured mailboxes you will need to contact your local postal office and tell them you have two new boxes that you will need to get "Arrow" locks installed on.

The right wholesaler that knows how to properly calculate a SOW (scope of work) to gain the rehab budget, generate an ARV from local comps and not want to get rich on every deal is NOT easy to find....but, they do exist.

Should I go ahead and install that?