I've found that after I take into consideration my contingencies seemingly good deals on the surface don't look so attractive any more. 

The way to do that is good old fashioned networking.

I was running the numbers in a similar fashion and I was thinking of offering around $300k as is and the owner carry financing for 1 year to be safe although I think I could have all units completed in less than 6 months. 

You can see the lot your interested by doing an address search and if you open up the surface features, you can add the existing building footprints in to see if there is actually room for another lot in regards to the house. 

There's a lot of acronyms and I'm just beginning to scratch the surface. 

Sellers who own more rugged properties are the very sort who may approve of another solution to selling their house in the typical MLS fashion, as you probably know.  

It is a condo that is very close to the Biltmore fashion square.  

Moving forward, the whole blurriness of the deal only guarantees that more issues or disputes will surface at some point.

Even beyond all that, old fashioned signs and networking have probably given me the best results so far.

Dig in, work hard and do it the old fashion tried and true way.......earn, save, invest.