If you use that parcel as a comp, you have immediately shot yourself in the foot before you even get started.This thought process is the same in an urban environment, but the tract size is fractional (dollar for dollar) so the development costs as a percentage of project cost will usually drop (making it less influential).Sitting on land has its disadvantages:- Property Taxes- Insurance - Maintenance (grass?)

Still, they almost never will negotiate with you directly as the current legal environment would leave them open to a predatory issue potentially.Once you have escrow open then the process becomes easier.

HOWEVER, over the 21 years as a buy and hold, self-managed Investment Property portfolio owner, it's an incredibly acceptable job for me!

Unfortunately their solution is having an incredibly high Units:PM ratio and you get terrible service.Solution:  Have a minimum monthly rate in case rents are low. 

Bees are great for the environment and very important.

In my opinion, solely depending on appreciation in a market is incredibly dangerous and not smart investing.

Getting a proper climate control environment is priority #1.

What high-value skills do I need to compete in today's working environment?  

Our idea at this point is this: it’s okay if a given investment doesn’t provide incredible immediate cash flow only as long as it will once repairs have been made and rents go up to a fair rate for both parties.

I'm a South Florida resident also, who is just starting to learn about real estate, and I love seeing incredible success stories like yours here on BP.