@Jeremy Hunsberger, I think you identify markets where you have people that can be your "boots on the ground."

What matters is Your inspector identified X items for repair, you've made the request of the seller to correct it. 

I am currently trying to identify if there is a need for new products within a niche market of real estate investing, whichever market that may. 

It's a little scary, because I've identified at least ten different ways that the USA is artificially propping up the price of housing markets.

There are so many ways to make money in RE (each with its own set of pros and cons), and the sooner you can identify your lane and charge down that road it'll minimize the potential to get overwhelmed by all the options.  

You're combining two completely different things.I'll explain.Lease Option: An executory agreement between buyer and seller that grants the optionee (buyer) the right to purchase the underlying piece of property identified in the option some time in the future.

Sure, they made lots of money that way, but the odds of it happening again are pretty small.If you're looking for rise in home values, buy in gentrifying areas before they start to gentrify, but that can be a difficult thing to identify.

Taxes are really low which you identified..

Once you get the list, you will then need to filter it to just find vacant land, usually there will be Use Code or similar way to identify vacant land vs other types of properties in the list.Here's a helpful blog post about the subject: http://retipster.com/delinquent-tax-list/

It was a good analogy, one that I could identify with.