Her half-siblings, who felt she didn’t deserve the property, were dead set against the sale and refused to cooperate.

Some carriers offer loss assessment insurance, which can come into play when the HOA experiences a large covered insurance loss, such as a hail storm requiring roof replacement or a fire requiring building replacement.  

I think the play would be buying a property that needs some rehab and you can split off a new lot due to new lot sizes and setbacks.

I had a good friend when I lived in Napa and played golf with him frequently he was a Brain Surgeon and had the yipes something fierce could not make a 2 foot put to save his life..

Sorry Vendee appears to be dead again. :( but it may come back

Quote from @Jaclyn Spinelli: Quote from @Aristotle Kumpis: Are you looking for more of a cash flow play vs appreciation? 

This typically comes into play with big banks (Chase, etc) who are buying the loans to place them on their balance sheet.

Brought it up right at the closing and he claimed they were dead and he thought he was doing us a favor by getting rid of them (but simultaneously leaving us a house full of old garbage).

I I am playing with different scenarios and want a back of the napkin number I will use https://www.omnicalculator.com/collections/real-estate.

I plan on splitting this land into two 1.5 acre lots as there is enough road frontage, but I'm concerned that someone could show up and want to start drilling in the backyard.I think someone wanting to drill is unlikely for the following reasons:- the original owners are probably dead and the ownership is split between inheritance to multiple people- the lot is too small for them to mess with- there is only a single active well/pump within 30 miles from what I can see online.