It can vary based on condition & size... but that is sort of a going rate for an average unit here.Hope some of that helps.  

Maybe some mid-sized burbs in NC or VA?

T Fidelity has withdrawn substantial amount from Repo.It's just so hard to explain the reasoning but i said this is one of the most beautiful chart ever.

Depending on the size of the loan this might be a good fit for LifeCo money.What market is this in?

Building will be 80k-200k depending on size and square footage.

While it may not provide immediate high cash flow, it could serve as a valuable learning experience and a foundation for future investments.Remember, successful real estate investing isn't about following a one-size-fits-all approach.

Chart is from FINRA data on their Margin Statistics page. 

Depending on the more info, one issue is the loan size - $55,000 is going to be below many (almost all) lenders minimums right now for mortgage loans on investment properties

I'm sure if varies, but I just want a range to help decide what to do.Land is in Pilsen.You are correct the price can definitely range quite a bit depending on the size, finishes, rough materials, location, etc. 

From a mid sized FL PM -You are doing a lot of what I do for my clients, but at a smaller capacity.