Cash invested: $3,000 Sale price: $260,000 I inherited 38 acres of beautiful land, complete with a rat-infested mobile home, custom built shop and about 1 acre of garbage, snakes and wasps.

Good luck, build smart, and treat people well.

It was smart of you to contact others and have some comparable pricing.

Below is the link that tells you all you can build on it sectionTable 11-6-2: Commercial Districts, check the codes above 11-6-2 looks the my best bet is category P which is keep in mind my goal is to come out of pocket the least possible, maybe lease it out to a coffee shop or something ? 

You need the cash liquid so sticking it in the markets wouldn't be smart.

Work hard and smart, and this could be a better chance at following your dreams than most people get!

Had I been representing myself, I would have had to track down the first contractor I could get in touch with, hustled him in, get a quote, and then hope it's not a rip off since I didn't have time to shop around before closing, and couldn't delay it any longer.

Also may I also suggest to shop around for loans, different lenders offer different rates, maybe you could find a better rate elsewhere?

On top of that, I must have shopped around to almost 20 lenders and their interest rate/LTV were the best I found thus far for my credit average (around 690 at the time).

Go shopping.