I know we're in a good position because the sellers will now have to disclose some of the crap-ton of problems their place has and the foundation expert said that by refusing to fix the foundation they may end up having to be in a "sold AS IS" position which will drop the value significantly. 

Looking to start ASAP :)

Welcome to BP!

The information contained in this post is not to be relied upon.

However, if you ever want to replace that home, you'll have to move it off his lot.I would consider appraising the vacant land and trying to cut a deal that's fair.

You want to make sure you set clear boundaries and have a transparent lease. 

Quote from @Alexis Herrera: Hello, I have a home in Miami that someone is willing to sell. 

I always recommend people ask for a free cost/benefit analysis to determine if they will benefit from the study.

Hi Braeden, my advice would be to shop around for other companies if that is the initial quote you got. 

The time has come to secure permeant financing on them.