@Sherry PattersonHey Sherry,I am an investor agent based out of San Antonio. 

The variance will be granted based off the site plan submitted at the time and the variance application.

I recommend looking into areas near economic bases - close to Nationwide Children’s Hospital, Ohio State Campus, New Albany, etc.

After spending a few days on the island and speaking with locals/expats it was confirmed that the lots Remax are selling in Secret Beach are swamp land.

They may have to pay 60k in cap gains (based on 20% cap gains rate). 

If you're thinking about turning your garage into a bedroom with a bathroom to make some extra cash, here’s the scoop based on my 20 years of experience: You'll need to budget for design and engineering costs, which typically run between $2 to $3 per square foot of your total property area, not just the garage.

By way of example, if you as the GP's identified this unique rear yard development opportunity that others overlooked and acquired this land at a low basis and/or obtained all of the entitlements where there is imputed equity and let's say a bank will now finance the property at a higher LTC than normal transactions, that is an example of why you can justify more favorable splits.

@Bob Stevensgood points, I was just saying that for this poster - who is based in NY - these properties look 'low priced' because they need big rehabs. 

Purchase price: $97,500 Cash invested: $11,331 4/2 MH. 1982 sq ft. 1 Acre of land. 30 minutes north of kingwood What made you interested in investing in this type of deal?

I've got a rental that was a new construction in 2022, so no property tax was defined yet (based only on land value.