So you'd have to look at what raw land is trading for at the moment.

While @Caleb Heimsoth is spot on that you can avoid PMI by putting down 20%, and that's an admirable approach, I wanted to add a few thoughts.First, make sure you calculate the cash-on-cash return/yield on every property, not just make sure that the raw cash flow meets your minimum requirements. 

If I had the raw numbers of 1 and 2 I could calculate the p myself, I'm trying to get the p to use in EMV and to a lesser extent, utility function calculations.Heck if there were raw data with multiple categorical and numerical variables I would conduct multiple regression analysis.

This is important, since there wont be any income in this case, to off set it, since it will be raw land that I'm looking to owner finance...

My dad starting buying a piece of raw land for back in 1998 for $19,000. 

This is important, since there wont be any income in this case, to off set the debt, since it will be raw land that I'm looking to owner finance...

I have only invested in raw land outside of CA (no tenants), and like the idea of self-managing my properties, but with CA real estate not yielding great cash flow, I am open to exploring other markets like Memphis, Birmingham, St.

a family member has given me the opportunity to find a buyer for raw land that we own.

I had this same issue with SFR and residential in general, so I decided to pursue things with less competition i.e. raw land and commercial.How much networking have you done?

My neighbor just sold a same sized parcel next door for $62k. it is raw land with no road, no house or other improvements done to it.