It is (feels like)  a short term option to invest low amount of money and get a foot in the "real estate" field (sort of).

You’re just shooting yourself in the foot with this.  

I guess it really depends on what he wants from you, and how often you would step foot on the property.

Originally posted by @Chris Connolly:I believe you are able to do the repairs yourself, if you're hiring someone, they might have to be certified (or that's only when you KNOW that there's lead paint, ie having it tested or it show up in the disclosure) "The law requires contractors to get certified in lead-safe work practices if their work disturbs more than 6 square feet of paint on the interior or a 20-square-foot section on the exterior of a home built before 1978." 

The house also has a 8 foot wide driveway, and it is 250 feet long.

Having a home in Gainesville that we own would be ideal, and then any investing on top of that we can do gets our foot in the Door de la Real Estate.

I mean we lost about 20 thousand houses in Wild fires last 3 years.I say we because I was born and raised in Northern CA and Silverado Country club got hit and lived there for 10 years 30 to 40 of my fellow club members lost their homes these are all 2 to 8 million dollar homes.they are now left with lots that take thousands to clean as they are toxic hazards.. and what i see is many even though well insured and many had their homes paid for.. they are just taking the insurance money and put the lot up for sale.. so we made an offer on a few lots in the 500 to 600k range with the idea to build a 3k sq house that will sell for 1000 a foot. so 3 million.. over in Coffee Park in Santa Rosa were 6k houses burnt down.. same thing many are not rebuilding this is basic starter housing in N Ca at 650 to 850k.. so lots there are selling in the 150k range.. although we believe there is going to be a flood of lots since many are taking their money and moving on.. 

Have you considered how many parking spots you get per a square foot?

https://www.wdrb.com/news/phase-one-of-million-bee...Change is a foot!

It is impossible to imagine property values could go lower in what is a top contender for the worst borough in Allegheny County, where property can be had at absolute rock bottom pricing per square foot.