I'm now looking forward to making new friends here and buy first investment property this year(preferably raw land for future development or agriculture investment).

I called an appraiser in town and he told me raw land is selling for $8,000 an acre.

The property ended up selling for $307,000...My question to other foreclosure auction bidders is, how do you get out of your own head and focus on the raw data?

I'm used to seeing expensive raw land for downtown condo developments, high rise, etc.  

Gonna echo @Dan Chapman here, if I could find a duplex in Seattle for $200K, especially if it was in a solid area, I would waive all contingencies and pay cash.I don't even care if it's a tear-down at that point, raw land in Seattle that you can build 2, 3, or 4 units on is easily worth $200K in a decent neighborhood.

You can buy raw land, get all the subdividing work done.  

I have a couple opportunities here in the Chattanooga area for raw land. 

You sound great at 2x by the way.I consider myself a n00b at Real Estate, although after listening to the podcast, I realize that I have done two live-in fix and flips (long term), purchased a house at the height of the bubble and ended up upside-down, purchased raw land twice, and manage some real estate in a trust.

I own raw land and also other land with a rented manufactured home on it.  

Only background in real estate investing is a personal residence and raw land purchased in the 1980's.