One great example is framing crew comes in....frames up the house, plumbing and electrical crew comes in and does their thing....leaves all their 1/2 finished cokes, Gatorade and beer cans and 1/2 eaten lunches sitting on the framing.   

If rent is $2,000 and utilities another $300, that's nearly $5,000 to sit on a vacant home.

The property sits in an opportunity zone.

Have some small MFRs there and last vacancy I had we had ten people sitting in the parking lot to see it at 0800.

I’m in Austin, and while I’ve got interests all over the country, the Texas market is close to my heart.From the numbers, it seems like you're sitting on a solid cash-flowing asset.

One trick here in Texas is typically you can't get title insurance on a sheriffs deed for 2 years after the sale, so you have to sit on those for 2 years before you get financing. 

Buyers are taking advantage of opportunities, with the median sale price increasing by 3.2%, now sitting at $640,000.But cash deals are down—just 21.6% of homes were paid for in cash, a 22.8% decrease from last year.

I have a rental in a large lot - easily enough to subdivide to 2 parcels, plus the house sits at the edge of the lot.

Spend $200 and sit down with a real estate attorney and get the scoop first hand on what is allowed and what isn't.This is true for California, Oregon and Washington.

Or buying land in the path of progress and sitting on it. ( I have done this and like it the best) 2.