The information contained in this post is not to be relied upon.

This has resulted in a large sized network of brokers, institutions, lenders, etc.

I have know a few park owners with large enough lagoons that they convinced the city to take over the lagoon so the city could have more sewer capacity for other areas.

I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you It would help if you shared what you plan to buy them for other than just saying they’re 10 k to 15 K below market.List Price: $55KMy Offer: $45KPlanned Value Add:Install fenceBuild drivewayCreate a mobile home padExit Strategy:Sell via owner financingConsidering the option of adding a mobile home as wellIf you like this post, please consider voting!  

There are slight Regional variations in labor prices, but it's not as large a discrepancy as people think.

Again, large commitment of time, patience, and ability needed.The amateur of “semi pro” investor should realize that the professional investors (such as myself) spend ALL DAY EVERY DAY doing the above.  

Beyond that, real estate is largely local; in my market we are not seeing anywhere near those numbers.

@Kyle Carter People hit on the obvious, hype and excitement of a large name company like apple moving to an area. 

Personally I don't keep much cash on hand for emergencies, but I do have a large untapped HELOC that I can use in a pinch.

A couple of mine are in Mesa, one in Florence, and I just added one in Arizona City.