Or on the opposite side, you are buying a business so you can provide a service (shelter) and the land is mainly as valuable as the business opportunity the building provides.

This mainly means that they will want to tecnically have the full rights to the property, in the case that something happens and they have to then " own " the property , with the Repairs still needing to be completed ? 

Mainly looking at SFR and MultiFamily units.

Peter would depend what your current liquidity and net worth is along with your annual income from your job/business/current investments etc.Different assets are cycling at different points in time in different states.2009 was mainly coming off the bottom for the lower priced SFR assets. 

Main goal at the time was to move out of the city.

Ask your local code officers who some good contractors are the code officers will know which contractors do a good job and are professional, call your big building supply chains.

I discovered BiggerPockets while researching a novel I'm currently writing in which the main character is pursuing financial independence.

For buyers, not so much.Average sales price: UP 14.4%Number of homes for sale: DOWN 33.5%Days on Market: DOWN 6.5%Months supply: 1.2 months, DOWN 29.7%In summary, there are a lot fewer homes on the market, tracking with Plymouth County.

That is my main hurdle right now.

We have discussed the fact that we would buy the supplies (he manages the lumber/ hardware store) and now we are trying to figure out how to break down the labor payments.