The property is located in an area with 1M dollar homes, but a single parcel (not in a neighborhood) and propane

Is the investment and return in US dollars or Panamanian balboa?

I think this AI fear is overblown and we’re already seeing some of the early applications failing spectacularly (thousands of flights cancelled, 911 systems down, hospitals closed and billions of dollars lost today from CrowdStrike security software glitch as an example).

I've sold over $200 million dollars worth of low value properties like this.

I’d charge 10-12% AND be ok with never collecting because I’m selling for top dollar.

For every dollar cost of inputs is raised output expense goes up $1.20. 

If your goal is financial freedom you need an income that meets four requirements:Rent increases faster than inflation: Only if rents increase faster than inflation will you have sufficient dollars to pay inflated prices in the future.Sufficient to replace your current income: You must have sufficient income to replace your current income.Lifelong income: It must continue throughout your life.Low operating costs: Every dollar you lose to operating costs is a dollar less for you to live on.Rents Increase Faster Than InflationWe live on buying power, not a fixed number of dollars.

Code enforcement in our area will settle those for 10 cents on the dollar if you bring the unit back into compliance - so it would be a $10,000 instead of $100,000 or what have you.Hope some of it helps!

So the value prop is to simply shot gun as many marketing peices as you can afford and then offer 10 to 30 cents on the dollar and wait for takers.. then once you close resell right away.then there are infill lots through out the US in areas that are actually seeing new builds on infill .. infill lots in areas that have zero new construction are basically worthless.. think major rust belt cities were resale values are 100 to 125 a foot or less..

Location is improving several years ago hurricane Michael decimated the place and is in rebuilding mode . 15 minutes from Tyndall Air Force base and I’m keen on the 5 billion dollars that are being pumped into the base along with thousands of new people moving to the base .