But because the seller won't share my offer to the seller, me nor the agent knows what the seller wants.

I don't know where in Michigan you are located, but I'm happy to give advice or share experiences.

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!  

If you don’t mind sharing, what’s the average price range in the area where you are house hacking?

I share an example in my book where five people wanted to rent a 5bed/3bath house (one boyfriend/girlfriend, and three other friends).

Quote from @Charles Evans: You aren't crazy, but you must be honest about the true cost of ownership.

I appreciate the knowledge you've shared with your experience as both a buyer and a seller.

Quote from @Henrry Novas: @Jay HinrichsGotcha, Thanks for sharing:1.

Managing a property can be incredibly rewarding, but it does come with its fair share of challenges—especially with the recent shifts in Rhode Island legislation.In 2024 alone, 39 bills were introduced, and seven significant ones passed, including extended rental terms, mandatory fee disclosures, and other updates that every landlord should have on their radar.

The road to recovery is long, messy, and full of setbacks—but it also taught us something important: with the right support and determination, rebuilding isn’t just possible—it can create stronger, more resilient communities.Now, as wildfires tear through LA, I want to share the lessons we learned to help others rebuild with hope and purpose.