You start buying now, pick one up every year or two, you will be sitting very pretty at a very early ago.

I am seeing listings sit longer in this market and competition is lower.

The range is sitting on top a unit of cabinetry. 

I'm not sure if you recall the sink hole in Seffner (East of Tampa) where a sink hole swallowed a guy in bed.

If you are referring to losing your money on the inspection costs then you’ll have to recall that this was a tenant occupied home and we couldn’t inspect it until it was under contract.

And if it's a property I do want, I'll have my realtor say something like "Well if it continues to sit like it has, reach back out to us."

Have 100k sitting and a few real estate investors in my network who have inquired as to whether I’d be interested in helping to fund their down payments for fix & flips. 

Any help is appreciated.For your protection, I would have a sit down meeting with a local attorney on this.

I don't know Chesapeake, but where I'm located, a true 8 cap wouldn't sit on the market. 

So maybe you could try to find something like that and do Airbnb in the meantime.Subdividing is not super cheap, and vacant lots typically sit on the market longer than homes do, but it could be a good opportunity if you have funds available to purchase the lot and to pay for subdividing services.