Each negotiation is unique and depends largely on the investors' income needs and risk tolerance and on your own.   

I'm looking at 7 acre property with a 29k sqft house on it. (I want to remodel and occupy) The property is obviously worth whatever a developer would pay for the land, knowing that he could make a profit subdividing l...

Aside from the neighborhood, if it is also a rural town/city, then your comps can stretch to other neighboring cities.  

Job Industry #1Job Industry #2Job Industry #3Population Growth %Average Home ValueAverage Rent Price to Rent RatioTax Assessment %Utilities (anything unique)Seasonal Maintenance (snowplowing)Specialty InsuranceAverage age of rentersAverage income of rentersAverage education level% of homeowners vs % of rentersCrime StatisticsSchool District RatingAverage age of propertiesaverage vacancy rate in the area for other landlordsMultiple exit strategies?

Sacramento is in the unique position to be able to provide cash flow AND significant appreciation. 

For the past month I have found some unique properties with great potential!

They're unique though.

(kids 25-34 vs 60+)I still remember how we stretched a $1,000 windfall out for 5 months in 2002. 

With that being said, there are different types of borrowers with each loan as they all are unique. 

I sold a place last year and it made no sense to do any work (other than touch up and carpet stretching) because it was an entry-level home.