Everyone has different purchase points. 

@Sam ChicquenSam, little late to this but I’m an investor/agent based out of Tampa Florida.I like Tampa and the surrounding markets for its cash flow and appreciation potential.There are still a ton of mom and pop investors that own commercial multi (5+) and I’ve had some good luck connecting with these owners and purchasing from them.The last deal I did was a commercial off-market value-add multifamily and was able to secure seller financing.Downside is flood insurance has gone crazy down here and can really kill some deals.Happy to help you with your search.

My husband and I were looking to purchase a house in Mountain Home, Arkansas. 

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

Here goes: I've just purchased my fifth contract-for-deed (CFD) and I'm now on a timeline where I save up and buy a new CFD every three months. 

Contract is a normal purchase and sale.

If for example each lot is $50k and the cost to build the road is $5k and selling costs is $3k and $1k cost to hold the additional lot then you get $1k for the effort and risk of the purchase.  

I'm planning a move to NC and trying to make the smartest financial decision with my current home. Here's my situation:
NJ Home: Worth $525k, $190k mortgage remaining, prime location in Bergen County with easy NYC ac...

You will need an offer to purchase contract, promissory note, and deed of trust if you are looking to do an owner financed lot.

What state are you looking to purchase in ?