I'm adding now Wrap to my vocabulary of course. my next question is where can I go or with whom I can talk to explain more in deep these options, the pros, and cons, and hire someone to help me and teach me all the paperwork that I will need to do properly and make a real offer, and to try to buy without traditional bank loans a property that I want for investment.Thank you so much for your help and time

If you can wait out short term minimal cash flow and hold, you'll be very happy.

It is a traditional mortgage.

My family have no interest in selling the property, but rather holding the property long term. 

The goal is to buy land while cheap(er) and sit on it for a year or two while I raise capital to build and hold a fourplex.I don’t have an established relationship with any lender there and am shopping around.

They're likely leveling out, but time will tell.But in your situation, since you won't be cash flowing I'm not sure I see the upside of holding onto the house.

Instead they are holding the property until the very last minute when the lender takes the asset.

This trend holds true for Lexington the city as well too though.

As buildings of this sort become common, what will happen to the demand for traditionally-constructed housing?

I have tried to keep a policy on here of holding comments until I have given our customer the chance to speak with me directly as long as I can verify their comments and point of view are not contrary to the facts.