Edit: And taking 10-20% equity on a deal like this with an experienced investor might be completely worthwhile and life changing to be clear. 

It's actually a trend in a lot of places near Destin, where you're close to the action but not paying the premium of being right on the beach.Freeport has a lot going for it, especially if you’re looking for good rental income without the high price tag of being right on the coast.

You also will not be able to see the house and no one should buy sight unseen without a history of doing it.If you are talking about Auction dot com or Xome or Hubzu, those come with a buyer's premium on top of the sale price between 5-10% and often have ghost bidders in the system so you will see it keep getting reset to hit a higher bottom.As a new(er) investor, auctions are where you go to lose money and take on excessive risk.

The content takes him 4 months to write, edit, record, edit again, and then to produce and it costs the guru $200,000 to create and make accessible.  

I am assuming the answer is "yes" to get credit card points and prevent a contractor from charging a premium on materials. 

Ironically when the market got crazy I sold most of these off as people were paying crazy prices for notes so I sold them all and made huge premium.

@Tyler BilinovicI do my own taxes on Turbo Tax Premium and I have 4 properties (had 5 properties but sold one recently).

BUT, I am confident that while the above covers MOST situations, in a country of 300 million + people there are locations where a 12% ROI exists for a car lot - though you may be giving up the “windfall” of a developer wanting and willing to pay a premium for your lot.  

Now the premiums are so high it is better to build.  

I was told I would pay a premium for this type of lawyer but that they would get the problem taken care of quickly and that sometimes it’s just worth it to pay more for this.