And of course, if you have a simple tract home vs a fancy custom high-end home, this could bring the number up or down.

Everything from small lots in a planned community, to large tracts that are now being developed by companies like Hilton.

hmmm... that's some good knowledge to digest...

Why would it take three guys a week and a half to paint the interior of what is probably a 3/2 tract home?

Be sure to read and digest everything here in BiggerPockets on wholesaling.

I’ve broken my post down into key sections as there is a lot of information that must be digested to understand my situation.

One point to keep in mind is that Vacant land is often extremely large tracts of land so that would account for Vacant Land having such a high lien amount.

There is a lot to digest.

This will be one of many closings and I already know this will be the easiest deal of all I will ever do.I want to thank the BP Nation for all the quality, indispensable advice and also because never in my wildest dreams 10 months ago (give or take) when I first found this site and started combing through it and digesting everything I could, did I EVER think my first paycheck would involve 2 BP rockstars.

Thanks, Steve and Mike for your replies.Mike, you've given me a lot to digest here.