I think one of the main issue with exiting whole subdivisions of BTR is that the homes were built about as cheap as you can build a home.. and a neighborhood full of rentals, 100% rentals is going to look like crap from a curb appeal standpoint.. and who wants to buy an owner occ surrounded by tenants like the first people coming in would. 

Dirk welcome to BP where you will find awesome help but people have alltheir own way and strategies .. but  I am sure one of them appeals to you!!

That’s easier for a buyer to get into the deal, but for the seller it translates into them getting $38,400 for that same land instead of only $25k.The seller could also do a land contract, with essentially the same type of terms as with the owner-financed deal, the difference really being that instead of the seller having just a mortgage lien on the property till it’s paid off, they actually retain full ownership of the land until the contract is paid in full.I would have the seller tell you what they wanna get for it, then tell them you’ll add your fee to it and find a way to make it happen… and then come back a day or two later and tell them that you found a way for them to get their price, for you to get your fee, and for it to still be appealing to potential buyers… Then walk them through the deal, how it’ll work, explain to them how your way is more beneficial for them overall, explain how your way opens up the floodgates of potential buyers now, and most importantly explain to them that doing things deals this way is very common when buying and selling land, and how its really the only way for them to get what they want outta that land 👌If you act like an expert on the subject (or at least more knowledgeable than they are) I promise they’ll most likely just follow your lead because they trust you to get it done.And if they are truly motivated to sell, then they’ll welcome with open arms any creative thinking that will help them get what they want.Good luck!

I have some inventory in these markets that might appeal to you.

This might affect your STR loophole tax strategy so understand that before making the move.Update your listing to highlight features appealing to mid-term renters (e.g., home office, Wi-Fi).

However, I understand the appeal of paying down a loan to try to own it outright sooner.

If, for some reason, you disagree with the court’s order, perhaps you think an income source shouldn’t have been included, you can elect to go to the court of appeals to review the record.

Then, you can review the provided specifications to determine if they meet your preferences or are appealing to you.

By way of example, I picked up an oceanfront condo in March for $640K, minimal work needed to be done, only changes for my aesthetic/brand purposes and here they come turn key so only updated what I really needed to (which also gives you an opportunity to cost segregate).  

Price CutHere’s the thing: spending $50k on repairs might help if it significantly changes the condition and appeal.