However, in order to sell and take advantage of the prorated primary residence exclusion you'll have to have owned that piece for a total of 5 years as well as have lived in it for 2 out of the previous 5.  

One of the leaders in my investing group just acquired a piece of land he is planning to develop as a Habitat project.There are other options, of course.David J Dachtera"Success is not a destination.

I can't seem to make the financing piece work.

7000 pieces of mail over 6 months got me one deal which is currently pending.

Hi @Doug Wint, I'm a realtor here in Ocala and I'd be happy to help you with figuring out what to do with this piece of land.

Also, keep in mind that if you send a marketing piece 3-5 weeks between each other and switch up the type of marketing piece you will be able to appeal to a wider niche of potential sellers.Most importantly, have your contact name and number easy to find on the letter so that when they pick it back up to call you the can easily locate the number to call quickly.

One piece of wisdom I've been shared was "buy the ugliest house on the lot."

Otherwise, you should look for a PM to help you.But other piece of advice - some PMs are terrible and they can make you lose more money.

instant down vote.I get it, I really do, but wow, we get it, biggerpockets is great, we love it, but as soon as he starts that gun-to-the-head sales pitch I tune out and click out.A portion of Michael Blanks information is not really new (for the most part, some of this information has been around since at least the 80's).

Guns are not evil, people wielding the guns can be.There is just one piece of advice for all this.JustBeHonestThat's it.