This conversation was an eye opener for me because I never realized how overlooked this very cheap and easy step is by the vast majority of real estate investors.  

Healthcare is not cheap nor are the day to day living expenses for two retirees in their 60’s.

6.25% is dirt cheap money.

I'm new to all this stuff, but I am not cheap.

I do not invest in flips etc. but I do know with home markets up there is a bunch of larger projects and also retail jobs for contractors.Larger means more steady work for them and retail means more money.People who buy houses to rehab and hold or flip always want something done on the cheap.

Obviously they need to rehab cheap and quickly. 

The prices will seem cheap and you will be tempted to buy everything,  and in some areas you can make 3%+ of the purchase price in rent, but those come with more headaches than you would want to deal with from 2 timezones away.

Is getting the land cheap, worth it?

Cheap money produces free money, which is then cashed in and brought over to RE in search of safety/yield.  

"Investors are constantly tempted to take cheap money and not be as diligent with the deals they do."