Choosing a professional restoration company seems really important, especially for damage like water, fire, or mold.

One property had its water heater stolen not once but twice as well as the furnace in the second attempt.

Look for views, seclusion, walkout basement potential, water feature potential- people love ponds, add trees, add boulders, multiple access or roadside properties, no zoning in Texas counties, check city zoning, location location, utility access.5.  

The attorneys for the buyer and the title insurance company apparently did not do their work because they did not find this debt before closing but they found a stupid lien on my house for a water softener.

I'm told a permit is required to replace a water heater.

I guess my other understanding is that I have to provide it is water proof and it is correctly zone for fire.

before you go down the rabbit hole to far as @Bruce Lynn mentioned see if the jurisdiction were the lots are located will even allow a surface operation within their zoning code or that lot size.. thats the first thing I would do.Being an old land man I have dealt with a ton of mineral and water rights.. there is a lot to those buggers..

I'd only look at land that's at least connected to water and power and already has a septic plan in place.

Extensions are likely granted, if needed.You will receive $3k relocation assistance at the end ( unless you have other liens, back due water/sewer/HOA etc. ) You can also stay in the home until the sale closes, which gives you at least a few months payment free to be able to figure out where you will relocate.

You mentioned the roof and AC being new and i'm assuming they're in good condition.10% should be enough to cover the random water heater that goes or any other lesser headache.