Do you need to do a deal together where you both have skin in the game? 

I’d say it depends on the strike price:A- basically turnkey, pay out the nose, appreciation play, break even or negative cashflow B- “cosmetic “, still low equity, some or no cashflowC- “needs work”, some equity but if it’s SFR not that sexy, .8-1.3% cashflow D- distressed, equity gets eaten up in repair but might get 1.3-1.5%You have to take into account any financial motivators, liens, concessions, the neighborhood, schools, taxes....Find the best value in an emerging market.

Probably will want you to have "Skin In The Game" - i.e. the lot or land you'll acquire would be used as collateral.Good Luck!  

Hopefully you are enjoying the game otherwise you are the loser.

If you caused it (or it’s a pre-existing condition) you would have to fix it, or you are playing with the doctrine of unjust enrichment and some unneeded liability.

So I’m trying to up my game as far as investing in real estate.  

Hi @Michael Tully....Welcome to the investing game! 

You should be wrapped up in the deal.This is a numbers game. 

Also I got impression, the land selling is a long process without giving substantial discount.Did not look commercial, but I suppose, it’s not so much money to make the game worth?     

Look at it as an exercise or as a game.