Even though I was cash poor, I had good credit that I had been working on since I’ve been a member of BP. 

By putting 10% down I probably will be less than breaking even every month ((like an extra $800-900 per month at very low/conservative rent prices)  with the building fully tenanted (as is condition not counting value add with renovations). 

I use them in just about every flip and even some new builds depending on the price point.

Due to current market interest rates, I have a possibility of minimal cash flow with a vinyl property however with the brick property, I'm barely even breaking even.

Closing had some hurdles...but they had a vision for their portfolio (and within reason) were willing to get creative and stayed tenacious when the transaction got challenging. 

The land consists of 9 acres, 1100 feet of creek and two waterfalls, many great trails and even a pedestrian bridge we built ourselves (permitted).

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Even in your short term example you could owe $24k in taxes  why not buy something else at a $24k discount  especially if it’s really 10 years and $48k in taxes  

They don't buy a lot, and even when they or any affordable housing developer buy land, it often can take forever for them to consider the property and then the actual escrow can be long if they are building the capital stack to buy the property. 

@Nilusha JayasingheSounds like a lot of work just to break even.