Let's pretend you get an offer at your new asking price (but you won't.

I'm a fake investor who loves pretending to be a landlord. 

I do not know anything about this property or location so I will not pretend to be an expert here so these are just wild ideas for empty land maybe in that zone category - leases for billboard, restaurant pop-up (temporary), fruit stand, farmers market (seasonal), RV / boat storage, manufactured home park, pay parking lot for bus.

Business cards are an excuse people use to pretend they are investing.

Also, let's pretend the world is perfect and you're able to do 2 bathrooms and 1 kitchen (paint and touch up other little things in the house) for 8k. 

It was someone trying to pretend to be formal.

Besides that, I am always very very skeptical of folks pretending to want to share their many many clients, etc. if you ask me for money up front, I run.

One - pretend you are interested in renting units and schedule showings with other landlords in your area.

So pretending it's a perfect world and you're getting 1% ROI of the $100,000 and you hold 50% back for CapEx, property taxes, etc on both scenarios...A) Leverage - So rent is $1,000/mo on the $100,000 property.

I don't pretend to know your personal financial situation, but that is a crazy thin margin (if there is even any margin at all) when accounting for these unforeseen circumstances.