But its also tough, because a 5 or 10 year timespan is basically 100% of your adult life so far, which makes it harder to have this kind of patience.

So we have 3 buckets in my mind - SFH sale (basic), developer sale for the size of land (new to me), business sale (home + business).The most value would be in selling home + business I believe but I have no idea how to market/find potential buyers for such a thing.

It is basically illegal in MD.

Yet agents are coming on and basically ignoring the initial post just to advertise themselves.  

Federal lands come right down basically to the city limits and subdivisions are nestled right up against them.. so you could sprawl there.out east there are very few federal lands close to housing .. so that makes zero sense.It only works in the West from Rockies to the Pacific and select areas.

I've had some luck with direct mail in the past so I can understand the basic idea of this. 

When looking for areas to invest in I basically advise that you find deals that are available, vet the locations, and then underwrite the deals if you would invest in the locations.

I am not sure if an attorney review will help with this, specific, basic level of knowledge.Just like an attorney likely won't call out, from a legal perspective, that you are investing with a sponsor who is 23 yrs old and been a residential loan underwriter for 8 months before trying to piece together a syndication.  

It looks like a very simple or basic apartment, and it needs some serious design pieces.

Basically, lenders want to see that you've owned a property for a few months before refinancing in the event that you just did rehab or just bought a property at a discount.