well i get it.. however if you do a lease option with non refundable option money up front and they fail to perform your done.. kepe the money and resell.. if this is the pac nor west things are still moving briskly for development ground..

For example, I know land sellers who buy properties as warranty deeds and resell them that way.

I have educated myself on 2-4 unit duplex/multifamily with the hopes to live in one and do a 3.5% FHA loan and then resell after a year.

Well, if you could only resell the house for $25,000, it wouldn't be a good deal from an ARV perspective.

* Resell - I personally had an issue with one of my flips years ago, due to the basic unpermitted work that was done.

My recommendation is to focus on Stick-Built, Brick & Mortar property versus Mobile/Manufactured, main reasons; 1) Investor appetite, 2) Appreciation factor, 3) Re-sell value, 4) Future buyer/investor appetite.

At that tax sale, there is basically two year lag before you can resell it...in the meantime they need to pay taxes and HOA dues. 

Their first round effort has produced $42K in 0% funds to use over the next year and I am going to use those to accelerate my purchases and re-selling activity.

Regarding buying a property to resell it, I view that as a bad idea.

Once you get the property most you won't be able to resell for at least a year because the new owner will want/need title insurance and that likely won't be possible as title companies recognize the risks with the whole tax sale process.