You could always pay extra then required to knock down years left on the mortgage if you want.15 years is just strapped to a higher payment.  

The thing is, in a perfect case scenario, the sellers would like to sell the land together and sell to someone who would be able to develop a subdivision here, but they are so strapped with medical bills and finances, they just want to get out.The good: There are two major subdivisions that have been built (Santa Rita Ranch) very close to the land.The bad: I haven't worked with this much land beforeThe ugly: (Please refer to the bad).Any insight or recommendations as to approach and/or potential exit strategies would be greatly appreciated!

Looking to pay cash for a buy and hold property in the Mat-Su Valley.

I bought his book and don't regret it.Another thing I do is provide floor mats.

http://dallas.craigslist.org/ndf/mat/2912817193.html.

Tenant uses laundry mat.

Is the lender so strapped they need cash?

I also promote it when advertising.I am sure a lot of tenants like the idea of not having to lug their stuff back and forth to the laundry-mat.

Also, I lived in a rental with a reglazed tub, and there were strict rules on what I could do to it (no suction mats in the tub, specific cleaners, etc...) or the warranty would be void.

Add to that the facts that 1) the land in Point Mackenzie likely needs a lot of development before major expansion and 2) the currently populated aras of the Mat-Su Valley will have an equal distance to travel whether they use the bridge or on the existing highway route and 3) Anchorage is the 'big city' with a much higher proportion of 'culture' and infrastructure....