My last flip was a 100% gain.

There was a lot of valuable info in that book, and I strongly recommend that you check it out.

They are actually registered with the DMV, if that tells you anything about them....BUT, if the lot itself is valuable (as in, buildable, good location, zoned correctly, etc) then it still could make sense. 

We also fixed up our first owner occupied houses, lived in them for 2 years to get the capital gains taxes excluded and rolled those funds into the mix.  

Agents are valuable but you have to find the right ones that are willing to work and know the market.

Long story short, I've got a tired landlord that is overwhelmed and exhausted by the eviction process and being able to take the property off his hands mid-eviction could be valuable to him. 

You'll gain valuable experience while hopefully making some good cash simultaneously. 

I definitely would have my own insurance though.If you have any thoughts on what a broker would find valuable, or best approach with them, that would be helpful.  

And when you sell the farm via LLC, the gain will be passed to you as if you sold it.

One of their concern is capital gain tax that they incur due to the sale.