The second option is simply a physical subdivision and often used for raw land. 

An exception might be raw land BTW.I think most new people try to limit contracts for simplicityand it reflects on your expertise, especially when you can't fully address the aspects of a good contract in a reassuring manner.You actually have to practice going through your contracts with others.

For 'raw' land, you don't technically need an attorney to close your own transaction.

My company makes comments, but I use the raw material to make my own decision.Credit scores make no sense at all and I don't think they have any use in deciding whether to accept or reject.

In one of your articles, it states:"Ineligible Properties: The following properties cannot be acquired with non-recourse financing: Residential with large acreage, raw land, farms, rural properties, manufactured or log homes, non-warrantable condos, Condo Hotels, Co-ops, Time Shares, hotels, senior or assisted living facilities, non-franchise restaurants, entertainment properties, ministorage, and commercial property."

BP has articles that go over what you should buy raw land for building, that goes over price, construction and profit.  

Hello,I´m looking for ranch or raw land in tax sales lists (over the counter/struck off) or tax sales auctions, but i´m not finding it as i tought i would.

Sounds like a raw deal.

This meant that they got paid an average of 23 days prior to actually having to spend any money on raw materials.

Plan for the bad days, but take the calculated risk and contain the down side. 2)Cash/Time/Expertise => Raw materials for success in RE / Up to us to mix the ingredients to get desired end result3) Notice the patterns / Create systems / If we cant explain the rationale of how we made a profit on a deal, then it was not investing but simply fluke.