In that case Cap Rate is really not a relevant metric. 

Upon seeing this name again, I looked it up online and found that the person it belonged to had a number of articles from our local news station for a number of crimes, to include forgery, identity theft, impersonation, etc. 

If I was your brother getting my REI portfolio started, is there any advice, strategies, links, literature, articles, or people to follow that you would recommend for someone extremely leery of financial risk?

Also the added value from developing the lot is more in the vacant part than in the already built portion.If we do have to sell the whole parcel, another option could be a performance bond and a lien on the property.Looking up pros and cons of performance bonds, this interesting article comes uphttps://www.lauriebrennan.com/blog/to-bond-or-not-to-bond-th... 

I am always telling people that I buy houses for cash any condition, As well I have a Facebook page that I post weekly to stay relevant and remind people I am looking for houses to buy all the time. 

I work with plenty of out-of-state investors who are seeing great success here in Ohio.Read this article on the "core 4".

Insane in a market where construction costs are already highIt is unfortunate to see articles such as the AP article because they simply show one side of the story, not the full story.

The seekingalpha article that I shared the other day is talking about this.

I must warn a  novice about engaging with someone who would actually post that there was a relevance, express or implied.

Here’s an article that goes into more detail on this.So how do you make sure you are choosing a reputable, qualified and experienced cost segregation firm?