Experiencing these first hand in your own home provides greater flexibility while you figure this whole racket out.Thirty years ago, I was fascinated by real estate opportunities in an emerging market (Brooklyn) and spent lots of time looking at cool warehouse space in places that are now 30-50 X the price. 

The basics are the most important part, but you need some cool stuff.

We have 70k which was enough for intial loan it was 5% down but lm not so sure with the land only because deposit is that.Intial loan we made no paymts until it was done, this one we have pymts right away and will need to now save for septic, water hookup.We thought we could make apt after utilities are in, in the garage for now and at a later time get a manufactured home.We both arent sure what to do. 

They could get a risk free return by investing in T-bills, so the delta between that RFR and what you're offering needs to be rewarding enough for them to pursue it.As for the 2nd part of your question, that really is a mystery :)The low interest rate environment always leads to these folks misleading people and mismatching deal operations, and sometimes even defaulting on the property and losing it altogether.Probably because a bunch of these syndicators want to be cool Instagram/TikTok influencers and throw up their arms and talk about how many doors they own, but what do I know lol. 

mainly cosmetic: stained floors, repaint, may need to replace carpet with hard wood, resurface cabnets, new shower, repatch water damage. 

Only amenity is a common area medium pool with a water view. 

Look forRoads on two sides, good cell or fiber optics, trees, rock or boulders, water, ditches to build ponds, views, walk out basements, seclusion but close.  

I'm ready to sign an offer to purchase on a property that has water in the basement/foundation cracks. 

(Where I rent properties, the city has a law that a property can be condemned if people are living in it without water and electricity.) 

The other one, on the water.