When they presented the opportunity to me, they showed me what countries want it licensed, what companies are interested and all of that.

I'd build up and go for at least 2 units but 3 stories is better. 3 story walk up apartments account for almost 65% of apartment developments round he country. this is what I'd recommend on your lot. this is 35' tall and we do it in columbus oh 

As for your ques if to wait, well, it depends on the market, in some parts of the country prices are still going up, slower, but still going up, other parts the prices are coming down, you know that area, what is happening there? 

Quote from @Havital Miltz: I do not know that if someone is in the hospital you can force them to close, I am not an attorney, but I doubt any court will find in your favor, closings do not always happen exactly on the day that is planned, even if everyone is healthy and well, the wholesaler here is not the reason for the delay so I am not sure what exactly you can sue him/her for, they are also being held up due to the seller not being wellJust give the person some time to get out of the hospital, closing will probably not happen the very next day either, this is really extenuating circumstance. 

The best way to learn this is by reading a Tax Court case.  

Yes BofA is all over the country but if you go to your local branch it's pretty likely that loan officer and/or office wouldn't be licensed to operate in another state. 

Charleston (in my biased opinion) is one the best places to live in the country.

(1) File FiFa with the courts(2) Find assets (car etc.) to file lien.

Quote from @Brady Morgandy Morgan: Appreciate you sharing your numbers, always interesting to see what costs are in other parts of the country.

@Andrew Slezak  HUD does studies of rent for the whole country and published the MEDIAN rent for every area/county/zipcode in the country.