Good guy, and handsome... jkfirst let me clarify... city water and sewer is saying your water lines and your sewer lins are being fed raw water from the city, and your waste heads out of your park into the city's sewer system.

Is it raw land or does it have a building, inside city limits or outside?

Leads are your raw material in this business and if you have only one way to mine that material (flipping paper) you will struggle to make positive ROI on your marketing budget.  

My agent suggested that our purchase price approximated the value of the home alone, which the comps seem to support, and the strategy has been to do some minor remodels to the home (finish basement by adding a 3rd bedroom, modest remodel of upstairs bathroom), then sell the home, and either sell the raw land separately, or build a house on the raw land and sell that - either way we will be doing a lot line-adjustment so that the house sits on a single lot.

My agent suggested that our purchase price approximated the value of the home alone, which the comps seem to support, and the strategy has been to do some minor remodels to the home (finish basement by adding a 3rd bedroom, modest remodel of upstairs bathroom), then sell the home, and either sell the raw land separately, or build a house on the raw land and sell that - either way we will be doing a lot line-adjustment so that the house sits on a single lot.

Developing raw land into custom single family homes is also an option I would like to pursue in the future.

My niche has always been raw land bought at tax deed auctions, and flipping those properties.

I'm personally using the following financial metrics - I'm interested in knowing what other BP'ers think: 1) Raw cash flow - i.e. rent minus cash flow.

Is there a ballpark number on the price per lineal foot of installing sewer pipe? I know there are variables, but assuming a normal, wooded parcel of land that has enough pipe to handle 8 to 12 dwellings, how much per...

This will leave is with a fixer upper SFR, two raw land lots and one with sewer, water and power connections in the ground (which is a considerable advantage).