I made a lot of money on the house, but probably won’t do it again especially since I am married now.If your reason is purely money driven (highest return on your money), then I would do an opportunity cost comparison of both options.

Retail end buyers are buying off of pure emotion most of the time and I believe the majority would have a bad association with buying a flipped house.

We have been able to turn pure rentals 20% down and 0% personal turned rentals into a great strategy that is building a passive income stream for us.

Good luck, ask lots of questions - this site is pure gold!

The next owner might see more value in the land in they can go either pure commercial or mixed use.But man I gotta tell you, this is a VERY speculative deal here with a ton of risk that you could get stuck with it.  

A RE license is one of those tools, just as is Deeper Pockets.To be, or not to be (licensed), that is the question (forgive my indiscretion, Bill).Reason #1: Pure and simple—ACCESS to insiders' knowledge.

It seems as though it could be a high price if you were to use it as purely an investment at investment rates.

@Ryan Tremblay, for 4-plexes, Owner-Occupier-Buyers are likely to have one big advantage over pure Investors:- they can borrow at around HALF of your assumed 6.5% Interest Rate (as well as not requiring as much deposit)!

I'd suggest considering not falling in love with prefab without considering on-site stick construction purely for the price difference.

All the legal “theories” about why it was “illegal” and voided any enforcement of the note was just pure garbage......promoted by foreclosure defense attorneys, along with all kinds of other bogus “defenses” so they could collect large fees from homeowners fighting foreclosure.....all the while the attorneys knowing these defenses were bogus, knowing they would never win, but it gave them a way to sell their services to desperate homeowners.Here in FL it was an ever changing shift in new “marketing theories”........”show me the note” “invalid assignments”, “FL 5 year Statute of Limitations”, etc.Yes, there was a lot of sloppy work by banks and their foreclosure attorneys, and some improper short cuts....robot signing, etc.