I am trying to do some researcher to determine if it makes more sense to do option 1 or option 2:Option 1: Out right purchase a property for say $25K and make gross revenue of $650/month ($7800/year) which would equate to about a 3-4 year payout before your in the green.

You paying for Lawn service atleast keeps the grass green and cut.

Check out @David Greene 's book on Long-Distance Real Estate Investing. 

I'm about halfway done with David Greene's long distance REI book.

Check out David Greene's book Long Distance Real Estate Investing.

White, Asian or African if you Nigerian the hairs on my ears pop to attention.TRY GOOGLING number one scam country on the planet...........................lol.In my long career i hesitate to do business with Gypsies Red, Black, Purple Green, or Polka dotted ones.  

I have two contractors with a decent bit of experience ready to work on stuff, so at least I'm not completely green, but you're right - very slim pickings.

Land- Development- Green field, Infill land, brown field landOffices- CBD and suburban office buildings. 

I think David Greene wrote a book on it.. 

Greene, he speaks of offering the owner a little extra above the outstanding loan amount.Any and all insight is very helpful.