Trust me, I’m looking ahead to play the long game.

Targeting newer brokers who haven't built up their buyers list yet is a good play too. 

A gamble, given it was a guess the house would appraise for what we expected.When we originally discussed this with our agent and mentor, these are the numbers we presented.

I paid for an inspection up front and walked through with the inspector (I figured $500 was the price to play). 

Hi Tim,Maybe make it more of a destination by having some fun stuff spread around the acreage.A putt-golf place, archery classes, a kids play area with swings, and etc..., outdoor movies every Tuesday night, a small general store that sells "Hard Liquor", wine and beer, as well as hot dogs, chips and soda near the road so passersby can purchase too.

And the other one does ok, but in a really good location with gentrification in its path so it’s more of an appreciation play.

(Kind of a gamble in case it took months)

Once that happens you can always take out equity to move it around to pay off any and all debts.There also little things you can do to pay a mortgage off or down faster just by playing with the payments, Bi-Weekly, extra payments per year, lump sum. 

I'm interested to see how this plays out.

That might have played a role in the price?