If a property has been owned by the same owner for a long time, the taxable value could be significantly below assessed value. 

Lend $100k on a deal for typical terms, but with the option to convert your loan into an equity stake in the future?

I agree with Afra at that price point it's best to start with flips that have $15K - $30K rehab budget to gain some experience and get a good team in place and then work your way up to larger rehabs with higher ARVs!

Quote from @Blaise Peterson: @Theresa Harris @Jonathan Greene @Tim Delaney @Corby Goade @Adam Bartomeo I want to thank you all of your great suggestions!

My family and I are paying to own 32 acres of land in the St.

Check their terms and fees to ensure they align with your needs.

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

Thank you for your advice and help!

Since you own a single-family, your first decision will be what to do with that when you do decide to buy another property? 

I think you really need to work with an agent based on what I am reading between the lines in your post.