Brought it up right at the closing and he claimed they were dead and he thought he was doing us a favor by getting rid of them (but simultaneously leaving us a house full of old garbage).

I I am playing with different scenarios and want a back of the napkin number I will use https://www.omnicalculator.com/collections/real-estate.

I plan on splitting this land into two 1.5 acre lots as there is enough road frontage, but I'm concerned that someone could show up and want to start drilling in the backyard.I think someone wanting to drill is unlikely for the following reasons:- the original owners are probably dead and the ownership is split between inheritance to multiple people- the lot is too small for them to mess with- there is only a single active well/pump within 30 miles from what I can see online.

Buying raw land near brown field could be a good long term play.  

Again, this is where weekly email newsletters, monthly physical newsletters, etc come into play.  

Had very interested person who is an adult female almost 40 with no employment history to speak of (acting in plays, etc) but nothing for several yrs living with retired Dad. 

It's pretty plug and play and then when you get the full report, it's all in one PDF.

Have you played around with the savings calculator to give you an idea what your cash flow needs to be?

Investing in these markets is more so of a long-term appreciation play in my opinion.

If you cant turn a decent profit on a monthly basis, it's not a great long term play and you should sell the property.