Hi Basit,It's probably been a combination of outbid, or out contingencied, and a bit of financing at the levels we want. 

I am going to see if I can switch to a local Wisconsin insurance that reflects our local risk level in their premiums.Many of the homes in the Pacific Palisades are 3-5 million, but when you look on Google Street View, most are very modest homes from the 1960s (there are some $20m ultra luxury mansions too), so a lot is the land value, the home replacement value on a 1600sqft may be what - 500k at the most?

The lot is flat and level, so we only need a short gravel driveway.

I imagine there is a good level of demand for your services in a city like Nashville!

Giovanni, Congrats on deciding to go to the next level. 

, whether there's a high water table that encroaches on any underground utilities or foundations (and does that water table have significant seasonal water level variations), encroachments by roads or other improvements on your property, limitations imposed by easements or rights of way, etc.

If they work and the risk level is something you are comfortable with, go for it.

People of all experience levels come and share their insight!

Get to know the people on a personal level at section 8.  

If so, how have y’all figured out level 3 soils tests before purchasing the land at auction?