They mail to you whatever the extra amount is.The best strategy at the tax deed auction is raw land.

A SFH that is rented or held for rent may be exchanged for another or for a MF or commercial or any other kind of real estate including raw land as long as ithe property is held for qualifying use  So the answer to your question on type of real estate is yes - Single family homes may be used in a 1031 exchange.Where investors sometimes get tripped up is when they act as "dealers" and hold property primarily as inventory.  

The problem with building on developed land is that you need more capital to cover the property acquisition than just raw land.

I have not done any analysis for 2014 but seeing the raw data come in, my feeling is many of the companies who were producing large numbers of notes annually have left the market or hidden their activities so they can not be easily identified.

I've not seen the layout of the lots yet (the tax map shows the whole thing as a 1acre parcel) but I'm guessing the remaining .5 acre is worth only around $10k as raw land to be built upon maybe maybe $20k if I could squeeze 2 buildable lots out of it.Tom

It is raw land and I currently have it listed, it is worth right at $170,000 based off my realtor and it’s listed for that.

I'm currently trying to break into buying/selling land (raw parcels).

I wanted to build a shop to restore my 82 Vette and in my county you cant build a stand alone building on raw land???

Anyone have any advice on the process of buying foreclosed raw land?

I have one for my larger multi-family apts which is a completely different animal than raw land, of course.