Its better to be close to a highway and have good amenities, school and the school districts, parks, and bus stops for schools and work. 

Are there utilities in the way, is road wide enough, are their bridges etc.For context we once moved a historic structure a half mile across a highway and it cost the historic commission $65,000 just to take down the utilities for that distance.

In poking around initially here there seemed to be an outstanding question of the asset being owned by an LLC being an issue? 

How does wholesaling a home work when the home has an outstanding balance?

The responses I've got in the forums have been outstanding.

Then I called the town collectors office and found out there is a $1500 outstanding tax bill due from 2018, and a $610 water/sewer bill.

It is right off the Highway which helps, but I am just not sure.  

Proximity to highway 70 and 270 has a huge impact on demand and large effect on rental rates/home prices. 2.

Thanks :)@Julian Joseph - I was in a similar situation and decided to pay off all outstanding debt before my first purchase WITH THE EXCEPTION OF MY STUDENT LOANS.

Unused contingency funds, unless they were received directly from the borrower, must be used to reduce the outstanding balance of the renovation mortgage after all of the renovation work has been completed and the certification of completion has been obtained.The loan is not re-amortized.Draw Schedule: The program has a maximum 4 draw process.The initial draw can be up to 25% of the total project and can be for materials for the project.The final draw will be at least 10% of the total project as retainage and funds will be released upon receipt and approval of final inspection, Certificate of Completion from Appraiser, signed All Bills Paid Affidavits and Lien Waivers.Additional Draw Information: Signed Draw Request by borrower and contractorSigned All Bills Paid Affidavit review and approve the draw request and will release funds for disbursementA check will be issued in the name of the borrower and contractor and delivered to borrower via USPSAn inspection of work to date will be performed at 50% completeChange Orders and Cost Overruns: Changes to the initial plan are not permitted unless prior approval.