Be sure to use your knowledge of the area, in addition to the raw rent figures.

There are few things (short of a hole in one) more satisfying than creating a community where raw land once existed.

Even if you give the other lender a fixed percentage (such as a hard money lender), you would still be getting a raw deal.

It's actually cheaper to tear down a home than to develop raw land.

If it's a undeveloped parcel of raw land than you should be able to.  

This seems like a pretty sweet deal for him, and conversely pretty raw deal for you.

I live in Arizona and we do tax liens here and I'm only interested in raw land and want the deed same day as auction.

Ideally, I would like to get involved in build-to-suit (BTS) projects and development projects that involve taking raw land from the zoning stages, to site planning stages, and finally to building permit stages.I'm excited to joy BP, with the wealth of knowledge here and the opportunity to network, I'm looking forward to getting to know other members!

@Jay Hinrichs @Brian Burke @Orion Walker @Martin Scherer Given what you guys have said about the Coastal counties (Lake, Mendocino, Humboldt), do you think there is something to be said about raw land there?  

I was looking at purchasing beach front raw land down in here in FL recently and while everyone loved my initial business plan, every layer or due diligence displayed another 100k of Capitol that I didn't anticipate because of zoning, environmental, and regulatory restrictions regarding development of said land.I know you own the land, but have you researched the regulations surrounding the base?