Or land with raw materials, such as coal, oil, etc? 

I think there's more to consider in this besides just the raw numbers considering you're going to live there personally.

It is undeveloped or I think the term is “raw.”My grandparents have land in front of my mothers land that is another 2.5 acres or so and runs along a well used road.

If you have any or all of the aforementioned items already in place, you're in a better position than most of the guys holding true raw land.

I wish you could 1031 exchange a house for raw land and then build a house for the same amount you sold your other house for.

You shouldn't need to have your realtor run rent prices on a bunch of properties, because you should already know within roughly $100 of what any house rents for based on the raw stats of the house (sq footage, bed bath count ect), a few pictures, and the homes location. 

Hi all,Is there a way to get an excel or csv download of raw data from the MLS systems? 

Its a tiny studio with a storage room that is raw but could potentially become a legit bedroom.

I hesitate to give away too much info so I will provide some raw information that I think should be helpful:Purchase Price:  $120,000Financing:  Conventional 25% down at 4%Yearly Taxes:  ~$4500 (thanks NJ...)Units:  2 (one 3BR and one 2BR)Area Rents:  ~$1000 for a 2 BRI've run the numbers at $2000 per month for both units ($24,000 annually) and a 10% vacancy rate...$21,600 in NOIThe mortgage would be around $1000 per month for PITI (perhaps even slightly less)...$12,000 in TOECash flow is $800 per monthCoC Return is 32% (!!!)

I'm interested in starting a side gig flipping raw land - I know, a lot to learn before getting started.