If the house is a total teardown, I think I could breakeven on the land after demo and transactional costs, assuming demo can be done reasonably cheap. 

Hi Jordan,A business partner of mine is working on a calculator that estimates the costs associated with holding a property, based on constantly updated real world data. 

The money gets funded directly to your bank account in 4 to 5 business days.You can use the money however you want or you can fix and flip using the "Mo Money Matters" Program.

My wife and I started with about 100k in liquid cash, since then in a relatively short period of time we have acquired multi properties, businesses and have help other achieve similar results.

I want to buy the next location so that I could grow my business plus begin to invest in real estate.

Must have been nice :P To qualify for the status there are two tests: 1. spend 750 hours in a real property trade or business, AND spend more then half your working time in it.

It has actually spurred a good bit of conversation from people that I work indirectly with, which is good for my RE business.

"Commercial uses" means any business, including a rental.

It was actually under contract with a contingent offer for months, so I suspected something may be up because at the time the velocity of transactions was insanely high in my area and closing times were as low as a week.

I've been involved in many lease transactions, as well as managing properties occupied by both state and federal agencies.