We're still evaluating the markets...

Please keep us posted of your progress!

I tried to keep accurate track of the hours on this specific deal, but if you count all of the hours and dollars I've spent over the years on real estate education, evaluating deals, making real estate contacts and even surfing Bigger Pockets, the numbers wouldn't look so sexy.Someone asked Tim Ferris (4-hour workweek) once how he was able to do all his personal reading, blogging and networking in just 4 hours a week.

…I'm in the Dallas area too…hang around the site and you will learn a ton…look forward to seeing your progress !!!

@Charlie Hampton any udpates/progress?

Desktop evaluation is a huge advantage with today's technology and it can save you a lot of wasted gas, but you never really know if you have a deal until somebody puts eyes on that property and the neighborhood.

I'd have to be VERY confident that my numbers were right (meaning your evaluation that it was selling at half its value) since buy and hold isn't really an exit strategy when you're paying such high interest rates on your money.

Any suggestions on how to evaluate and make a decision?

I'd love to keep track of your progress- I visit Charleston frequently and have considered it but have not found any opportunity better than those available to me locally.

Well/and individual septic for each site, city water is also available.I'm basically evaluating it at land value of $15k/acre and my thoughts were to just sell the park portion and maybe 10-20 acres then keep the rest as my wholesale fee.