You're taking raw materials (junky houses, materials), applying a process (labor) and creating a finished good (a nice house) which you sell for a profit.

How much acreage is it, and is that in keeping with prices for raw land in your area?

What comparable sales have raw land with a billboard in any market ~~ there will be few or none.

I am definitely getting the raw end of the deal, but it comes down to this: Crush her dreams so we can pay off debt and I can fulfill my dreams of financial freedom?

Basically the better the collateral (if a Tornado wiped the whole site clean, what would the raw land be worth?)

I think part of the Benefit of BP is its not just a rah rah session.and there is certain realities to the business.. what you state is true those things can happen and do happen. my point is they RARELY if ever happen to a raw beginner with no RE skills no money and No credit...

There's a front end (acquisition of raw product) then execution (rehabbing) then sales.

I am looking at a deal on a piece of raw land.  

Given the increase in raw material - Any input on how much it would cost for ground up construction in Oakland? 

In NC, statute says the raw number of transactions is material to a dealer definition.