One was raw land, the other was a condo and the terms were 10% interest with a 10 year balloon payment.

I am pretty sure I will be offering less than what the raw land would be because it will require so much clean up, and even if it is grandfathered for lots, the lots cannot be used as such until well and septic are upgraded.  

I'm thinking about trying to wholesale 1/3 acre of raw land where a single family house used to be, but got burned down.

I know there are a bunch of ADU threads, but the issues can get confusing to find answers to, so I thought I'd separate out the garbage, utility and parking issues.I've been joyously pouring over the Fresno City Development Codes......ouch, I bit my tongue.....looking at what it would take to develop raw land and ADU issues - just all of it. 

Yes, we are still in escrow…but after a long and emotional conversation with my fiancee this afternoon, we have decided that although it would be a dream to own this piece of raw land, it just doesn’t make sense to take on a liability at this time in our lives, let alone one that we're 90% excited about.A bit of context: my fiancee and I have a dream of one day owning a chunk of land that we can take care of and build a nest on.

Prep work requires cleaning the cabinets and sanding lightly (don’t need to get down to raw wood).

. 👍🏼 Just to let you know my own experience:  I drove by a property that was for sale for nearly 2 years - raw land, about 2 acres in WA state where I was living. 

I asked the building inspector who he would hire to do certain jobs when I was developing a raw land parcel. 

I had a city sewer line break within the street and backup into my duplex...two basements cover in raw sewer.

Plus, then they can make money by charging you higher interest rates, and if you default, they get the property back to sell again.I've purchased two properties with seller financing - one was raw land I developed (put in well, road, fencing, septic, etc.) and he was having a hard time selling it and I didn't have great credit or income at the time.