EDIT: Can't delete this post, so simply editing it.

@Mary Parsek you are pretty close with this forum but I would suggest posting this in the "Mortgage Notes" forums.  

I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you It would help if you shared what you plan to buy them for other than just saying they’re 10 k to 15 K below market.List Price: $55KMy Offer: $45KPlanned Value Add:Install fenceBuild drivewayCreate a mobile home padExit Strategy:Sell via owner financingConsidering the option of adding a mobile home as wellIf you like this post, please consider voting!  

Hello Biggerpockets Community, This is my first post as I am trying to utilize BiggerPockets more. 

It would be wise to post the name of the franchise you are considering.

The data @Devin Conley posted is pretty solid from my experience (I do not know Devin nor how he sourced the data, just going by my own investing experience).  

Hope all of that makes sense but post more if you would like. 

There are a lot of good posts on here so I would take some time and read the forum so you can hit the ground running.

@Sean OToole    this is an interesting post Sean.  

Interesting post.