Trying to “take over” a vacant property that appears abandoned is not for the untrained would-be investor.

Out-of-state investing in cash-flow markets or partnering with experienced investors for passive returns are also great ways to put your capital to work.

What These FREE Courses Offer:Clear Fundamentals: Grasp the unique benefits of self-directed IRAs over traditional retirement accounts.Real-Life Case Studies: Dive into actual turnaround stories and see how investors like you have leveraged these strategies.Step-by-Step Guidance: Navigate tax benefits, compliance issues, and smart investment choices with easy-to-follow instructions.I discovered these courses when I needed fresh ideas to boost my portfolio—and they delivered actionable insights without the fluff.

My wife is a Top 50 Realtor who works with investors.

You might even find an episode featuring an investor who's killing it in your market.

The FEMA 50% rule does come into play, but we do a lot of ground-up construction, so some investors that do have some new build/heavy rehab experience are tearing down and building back to current codes.

Theyre currently busy with over-regulating RE investors at the moment with vague wholesaling laws, so we'll see.

I often remind myself, the investor can set whatever price they want, but ultimately the market will determine the value. 

If the raw land is worth $1.4M–$2.03M as you mentioned, you’ll want to make sure there’s enough spread for an investor to feel comfortable, especially if they’ll need to front construction costs.

I, and the investors that I work with find the advantages with new construction investment properties are so great it is sometimes hard to compete.