Although I am very debt-adverse with no consumer debt and 19 paid off doors, I draw the line with fixed residential debt at 5% or below.  

I would think maybe my Dad might do it, but he is so risk adverse that I don't think he would. 

This seems like a risky deal, but a good one because there's someone who might have some title to the land who wants me to have it, the quit claim deed is so cheap and there are no back taxes.Note: I do not have enough capital to fund a construction project immediately, but I could start the adverse possession statute of limitations by fencing and clearing the lot.What am I missing?

But I think you have adverse possession if it’s been like that for 100 years.

If you are risk adverse real estate, (especially out of state) is not for you.

I'm a newbie as well, but I've gotten to the point where I finally do not feel so overwhelmed and risk adverse.

If you are risk adverse real estate, (especially out of state) is not for you.

If you are risk adverse real estate, (especially out of state) is not for you.

If we were sharing a beer, I'd ask pester you about your risk tolerance, stress levels, how much can you do or leverage out on before it adversely affects your family life or sleep... and then buy another round.   

Faced adversity.