$6,000Maybe spend $10,000 and dig a pond out in the middle adjoining as many of the lots as possible.This one doesn't work, look for the next deal. 

I understand this does not answer your question but it is an important factor I thought I would share since im currently in a situation with an hoa auction purchase.Make sure you do a lot of Due diligence on it.Most county records are public information type in the parcel number most liens should appear. contact a title rep and see if they can dig a little into it.

Looking forward to connecting.Thanks for the advice but just to dig a little deeper; are you recommending something more turn-key?

I would need the property address to dig a little deeper, and will send you a PM.

From what I have learned thus far, you have to dig a little deeper than what the intial numbers tell you when using the BP Rental calculator.

However, I do need to dig a little deeper into things to see what is allowed and what isn't in the area in terms of VRs. 

I want to dig a little deeper about how the banks pay back a private lender.

Re-direct the downspouts away from the structure, if the house is below street level dig a dry well.

Or rent a trencher/backhoe and dig a trench below frost line.Hope this helps

If they say that's acceptable, then dig a bit deeper.