I know its not a super popular asset class.

You gotta know what you have to play with and what you can get done and what type of finishes there will be.

What made you interested in investing in this type of deal?

What types of investments are you looking into?

Hi Lisa, As an investor, I have worked with all types of realtors, but for investment property I would say that you have to have an experienced realtor in investment properties or you have to have enough experience for the deal to work with.Experienced Realtor will help you with the contract (which in many cases are not simple), but most importantly with spotting issues in the property that could cost you thousands.Your concern is valid so it is important to sign a Buyer Representation Agreement, in which case the realtor has to work for you over his/her own interest (or you can sue him).The idea is not to sue them, but to make sure you trust them enough to work with them. 

I've been very cautious around advising this strategy until I see that the investor has the personal financial position to manage that type of investment.

I would try to find people who are in the position you want to be, try to provide them some type of value, and ask how they did it. 

Or it may be surface water flowing from another lot, or surface water piling up from rain and not soaking into the soil, which may be some type of backfill they had dumped in at some point during the construction process to grade the lot higher than it was when they bought it.

What type of properties are you looking to buy?

Some of the before and after photos are below What made you interested in investing in this type of deal?