Any appraisal uses a vast array of subjective factors which influence the value estimate - said another way, if you review the assumptions, question them, and provide additional supporting data, there is a likelihood that you can influence/change the appraisal.  

So, he sold his farm and spent the rest of his life wandering the vast African continent, searching unsuccessfully for the gleaming gems that brought such high prices on the markets of the world.Finally, in a fit of despondency, broke and desperate, he threw himself into a river and drowned.

Did you mean to recommend getting a general liability insurance besides the homeowner's insurance or will homeowner's insurance alone be sufficient?

Potential advantages to below market rent:Fewer vacanciesLess time vacant between tenants Can choose from a larger applicant pool, therefore higher quality tenantsMore self sufficient tenantsLonger tenanciesLess turnover/make ready

If you don't want to pay a commission (and I sympathize) at least pay one of the flat-fee listing companies the $300, and get access to vastly more potential buyers.

There needs to be sufficient profit to support both your wholesale fee and the investor buyer's returns. 

So calling the day before may not be sufficient. 5) Less population, doesn't necessarily mean less turn out.

BP obviously has a wealth of information and vast amounts more as you start to drill down.

I think that there will be plenty of fellow land developers with a vast bank of knowledge for you to draw upon.  

And if the rent payment is not sufficient to cover the mortgage and have a reserve, I could lose money on a deal like this...