If he were an adult, perpetrating a crime on a child under 12, I wouldn't touch it with a 10-foot pole.

For example out county has a minimum 2 acre lot size, but also. 300 foot depth.  

Granted that's apples and oranges, because the new homes are larger and all in the suburbs, but as long as you can buy an existing home for half the price per square foot than a new construction home I would be careful with expecting peak appreciation.

I know because we have a 5 acre piece that is worth 200k and if we added a 6k square foot metal building, we could sell it for 450k all day long. 

Furthermore, you can increase traffic to your website by utilizing social media or any other form of online advertising by using these leads.Public RecordsFinally, you can find cash buyers through your local public record’s office.

I’m also scared of the downsizing aspect; we’d probably be looking at going from 1800sq feet single family home to 1100sq foot townhome).

I think if you understand the price per unit as well as the price per square foot in the zip code and nearby zip codes that will give you a good idea of the comparable market analysis approach and appraiser might use.

Cold called this property owner who wants $150K for this 2 bedroom, 1 bathroom 928 square foot home. 

Positioned in a high-traffic area with a growing population and major corporations nearby, this property is poised for long-term growth and profit What made you interested in investing in this type of deal?

The build-out also includes plans for a wellness and fitness center and an event space, creating a dynamic, multi-use property in a high-traffic area.