Based on my current research it would look like this: Offer:                              $80,000         Based on land values and the only comp in a 10 mile area the past 750 days.Demo costs:                   $10,000         For both house, foundation, trailer and some fencing and an outbuilding.New full basement:      $8000            Plus or minus $1000 depending on the Double Wide ModularDouble Wide                  $115,000       Average higher end home with sizzle featuresLandscape/Clean up    $14,000         Face lift on barn, clean up horse pens, fix or replace fence, add a gravel drive, plant 6 trees, add accent                                                                 plants and shrubs, place a 500 gallon buried holding tank for watering needs etc.2 car garage                   $17,000         Add a 24 x 24 detached 2 car garage. 

So forgive me if I am beating an old horse. 

I put the wagon in front of the horse on this one - the duplex sold and the condo had decent foundation and termite damage so I passed. 

She took out a reverse mortgage in the amount of $273,000 which needs to be paid off within six months.In short, it's a beautiful 17 acre property with a 3 bed 3.5 ba log cabin built in 2012 with a barn suitable for horses/cattle.

Property has 5 gated pastures for animals (horses, sheep, goats, etc), hay barn, chicken coup.

My mind is racing, what happens if he does not want me to go inside and bother the tenant? 

I had a friend who wrote off every expense with his “business” of motorcycle racing until after 5 years he had zero winnings and it became a hobby.

. :( I'm racing in the Nautica Malibu Triathlon.http://www.nauticamalibutri.com/event_schedule.cfmHopefully Google fiber will be in Austin by Sept. though!

@Steve Olafson   Good Friend of mine is the GM of the company that owns that race they make a ton of dough with these race's  if the BP folks understood how much money was in orginaizing these types of races you would see a fleeing from RE  LOL

It may just be excess land for an existing home, again, zoning, anyone want a horse and a barn?