Sounds like they are selling on land value for redevelopment and not existing income.If they are making money and the area is improving they can wait for surrounding development demand to increase the dirt value for resale.If the owner is worth a lot of money they are taking the long view to value.

If they provide a number you would need to know every imanigable detail about the property and the circumstances surrounding the repair before that number could be of any value.Likely percentages is the best you can do.

I'm a local investor and very active wholesaler in the Philly region and surrounding counties.

I am currently investing in Cape May and Atlantic county.There are tons of ways to get involved and surround yourself with other investors that are doing it and doing it well.Kurt Kwart is an amazing resource that hosts investor panels as well.

I plan to move to the Bothell area (or surrounding areas) near Seattle and it seems like the a great area!

We're 70% surrounded by flood planes and the land that is build-able is going to be extremely tough to get from the farmers owning it, plus the 2+ years to get the city to build infrastructure to it.

Demetrius Davis have you looked into the surroundings Midwest region as well?

I am looking for a well versed, investor savvy agent in the Austin, TX area and surrounding. 

The counties surrounding Franklin are starting to get into the landbank deal as well.

If you need any advice on the closing process in the surrounding area let me know.