Check the laws in your state.Unless it's already disallowed by law in your state, as a wholesaler, you gain equitable interest by having an effective (signed by both buyer and seller) sales contract with EMD attached.  

have seen homes on similar size lots go for around 150k. the land is just sitting there for several years going on decades. the shrubs seem to be well on their way into growing into trees; is there like a service that clears lots for a fee, or maybe it would be more cost effective to put a (manufactured?)

We typically use the following allowances:Revenue:     Vacancy   8 - 10% (even though the vacancy in our areas is running from 4 - 6%).Operating Expenses:Maintenance and repar:  10% (of effective gross revenue)Property Management:   7 - 10% (of effective gross revenue)Reserves:CAPEx reserve:    8 - 10% depending on the age and condition of the property and its major systems.

My name is Hector Marin and is my first experience in this web site, I'm looking to connect with awesome people who want to create win-win opportunities for business, and also with those who believe that a great way to success in business is by connecting and building effective teams. 

My  contractor has advised that it would be more cost effective to simply furr out the walls and put up a nice smooth dry wall instead of trying to even out/improve the current situation.

Thank you Sandra for the heads up, I retired in 07 and never encountered it in the field and the damaging effects probably took some years to manifest....  

So I am, in effect, starting over again from scratch.

Google "FHA seasoning guideline" or something to that effect for more info, but essentially it has nothing to do with what your initial question was asking.Btw, I sent you a message back earlier today to email me.

My name is Chris, I'm currently a 23-year-old college student in Los Angeles, California, studying Visual Effects for the entertainment industry (i.e., special effects for movies -- y'know, blowing stuff up).

I really want to keep things as simple and cost effective as possible before going the route of talking to an ERISA attorney, but I appreciate your input.