It's easy to default to the familiar. 

Hey Jay - this is super intersting.

Those are spray and pray techniques that don't fit with sellers right now because sellers/owners are sitting on a very low rate and don't want to move to go up 4-5 points on their rate.Listings aren't a start now thing as well.

If it’s a good deal based on the comps, and in a good location, then I’d look into a conventional loan and maybe putting a little more down so that it cash flows.

Is a collection agency able to work my claim?

Quote from @Vince Scipione: Standard would be an FHA loan for your situation more than likely.

I found a listing in Northern California on Zillow that is vacant land with approved plans for building a home.

I am looking to buy my first investment property and have seen strong fundamentals in Indianapolis (job growth, population and median wage).As an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

I now live out of state, but I still have a 4 acre property near the crossroads (on 111 & near 77) in Lavaca County, TX that I need to do something with.

Now do i think human activities can have impact on this, 100%.