It worked as planned, but need to have a firm understanding of what the bank will and won't give you, what rules they have, and ten live at the mercy of their appraisal.I'm always happy to discuss the area, so if if you have any specific questions, just let me know or feel free to send me a message directly. 

If that's true where you are, you should be priced well above the 2008 price, considering the improvements you've made.Time did a piece on how the founder of ForSaleByOwner.com tried to sell his Manhattan condo on his own. 

If you just own the land you have no income coming in usually off the land until you start to improve it.

depends on location, in a city they should be within .5 mi, in a suburb 1 mile and rural  5 miles but unique properties can be stretched further, I have done thousands of BPO's for banks, the rules were 3 listed and 3 solds, within 20% speck and similar condition, and make appropriate adjustments for differences, there is more art than science to it.

I recommend contacting an attorney to ensure, see if there are any city/county/state rules that you haven't considered, and you can get a local lease from them.

As a rule of thumb in Columbia, I look for condos with HOA fees under $200/ month. 

At this point, I plan to look for an individual lender rather than a company--someone local who makes his/her own rules and not a company.

Check your local rules just to be sure.

Land, and by some extension the improvements built upon it, are the only kind of property in this world that is really real.Any thoughts, ladies and gentlemen?

Are you optimistic that that will improve the area?