We are soon to embark on our first land subdivide deal here in GA in between Greensboro & Augusta.

It cost him just about $100k to have it built out (This was before lumbar was the most precious commodity on earth). 

We're in a similar situation, Makeda, only it's a lot more than $700.Unfortunately, in our case the seller's agent is holding up the close because lowering the purchase price will affect her precious comps.

Time is such a precious commodity.

All it takes is one bad cat owner that lets their precious kitty crap and urinate everywhere.

I have a friend who invests in Augusta, Ga. 

I'm in Augusta, GA so there is properties under 100k with rehabs around 40-45k. 

The difference is that they let you invest in alternative investments such as real estate, notes, commodities, precious metals, etc.

The following covers the differences and similarities between a solo 401k and an IRA.The Self-Directed IRA and Solo 401k Similarities Both were created by congress for individuals to save for retirement;Both may be invested in alternative investments such as real estate, precious metals tax liens, promissory notes, private company shares, and stocks and mutual funds, to name a few;Both allow for Roth contributions;Both are subject to prohibited transaction rules;Both are subject to federal taxes at time of distribution;Both allow for checkbook control for placing alternative investments;Both may be invested in annuities;Both are protected from creditors;Both allow for nondeductible contributions; andBoth are prohibited from investing in assets listed under I.R.C. 408(m).

Hey Mitch - Yes on Augusta!