That neighborhood has been full of stops and starts over the last 15 years, and the age of those units isn't going to make them any more appealing without significant upgrades.I believe in the power of real estate, and I believe in Blacksburg real estate.

After a year of it being a primary residence I could renovate the finished basement to make it an appealing 3rd unit with 2 bedrooms.

The unlimited exponential returns through BRRRR are very appealing.

@Joseph ODonovan Because both units were tenant occupied at the time I was only able to conduct a visual inspection of the exterior of the property (which unfortunately didn't include the roof). 

Read that curb appeal issue.Just my thoughts.Good Luck!

So the ability to have access to those funds like a credit card sounds like it appeal to my needs better.

The numbers were more appealing than our local market How did you find this deal and how did you negotiate it?

I also saw the really shabby backyard as an opportunity (as a then and now landscaper) to add massive “curb” appeal back to the property that the flipper wasn’t willing to spend.

I learned that if you follow your dreams and you can visualize them it's just a matter of time before they become a reality.The challenge was obtaining financing for the remaining amount for rural vacant land.

The investor will offer the following:Cash transaction;A quick sale closing with no inspection; andYou can leave behind any items you don’t want.The problems begin when the homeowner is elderly, alone, and doesn’t know the true market value of their property:They may have purchased their property over 20 years ago for $50,000, $100,000, or maybe $200,000.That same property now could have a market value of $300,000, $400,000 or even $500,000.The idea that they purchased the property 20 years ago for $120,000 and are now being offered $220,000 sounds appealing to these homeowners – their mortgage might be paid off and they will make $100,000 – sounds good right?