. 😉  Lack of investment capital (money) ought never be the obstacle because if the deal is right, the money will always appear.Then, you’ll need great data sources both for identifying opportunities and confirming the facts.

Quote from @Daron Williams: I just invested in a tax deed here in texas it was a beautiful lot right on lake sam rayburn. i have it on the market for sale the only problem is you have to have two lots to build on.. i found the person that owns the lot to the right of me and there willing to possibly sale there lot the only problem is i dont have the money or the credit  to purchase it.

I often read that one should seek a commissioned sales role because your comp is uncapped and that has served me well. 

However, recently I have discovered a small cabin about an hour outside of Salt Lake City on roughly 2 acres of land for sale.

Be sure to research the property thoroughly ahead of time, as there may be limited opportunity for inspection.

This will help me address the process and opportunities more thoroughly and effectively.Thank you in advance for sharing your experiences and thoughts—I truly value your input!

Just trying to sort out an assumption so I can plug it into the model I build and calc post-construction LTV and sale assumptions.

As long as you purchase at least as much as your net sale. 

I am considering offering him $1.8m with a low (or no) down payment and seller financing at a low interest rate so I can at least break even on cash flow after getting rent closer to market value and with upside potential as a MTR and strong  appreciation opportunity.

I also believe there is a small co-op in La Jolla but only infrequent sales so not good for estimating a discount.