Evaluating building the 40 x 550 building site in 2022. 

If things go up - fine, I missed a bit of fun and re-evaluate.  

I've evaluated 1000's of deals and can probably count on one hand deals that fit into this category and they were always sketchy. 

Now I'm convinced you live in an underground bunker logged into BP!

How should I evaluate/negotiate?

Well, with mortgage notes, you can thoroughly evaluate the asset you buy and then you can decide the prudent steps to take to manage it.

There are times however where we'll find an off-market but can't really evaluate it because we may not trust the information from the agent so we'll go right back to agent one for the evaluation & that agent makes the offer on the off-market deal.From our standpoint, this method isn't stepping on any toes. 

I drove the the length of the East Coast recently and found one town that I like, but I didn't go far from the inter-state.I'm curious how many of you live West and invest East.How do you evaluate a prospective property if you've never seen the neighborhood or town?

If you're in the preservation (last) phase of your journey,  you evaluate the tax and re--deploymemt options available to you and make hopefully the best decision for you and your family. 

Between us both still working full time, our 401ks, my 2 pensions, a primary residence 4 years away from paid off, social security, wife’s government pension, her 401, & working full time, with kids out of college & college paid off, we have mutual desire for owning lakefront log cabin.