Excess acreage, usually over 5 acres or what is common for homes in the area will be discounted or ignored as to value with Fannie/Freddie, VA, and FHA mortgages, USDA can take more land value, depends on the region, but my guess would be 20 acres.

P.S.S In addition to finding advisors.

I would also like to connect with additional agents for any current opportunities in their respective territories.Thank you in advance

@Francisco Trejo I don't think an addition is anywhere near the complexity and cost of a new build.

Roof, exterior work, additions etc...

I currently have two duplexes in my portfolio so I'm aware of the inspections in that situation, but not sure what additional inspections I should have done.

Unfortunately, my current employment will not cover the additional properties but with the tenants' rent I could pay for all said expenses.

Additionally, I spoke with a broker last week about multifamily trends in the canton, OH and the surrounding area and he said trends show average price points around $35k-$40k for market properties, so maybe you can find distressed product around $25k a door? 

It will just make since, if you buy into it with 30% equity because you bought at a discount and the arv is pretty high on top of that, a person with the means would be crazy not to want a piece of the pie.You can't predict the future, but in this business you can come close.

The problem that I have come across in writing up most offers for these investors looking to wholesale or flip is that their offers are 65%-70% of asking price when these properties are already listed at a discount.