Many foundation problems have water as a root cause - be that infiltration in a crawl space, drainage around the site, cracked sewer line or water line.

Purchase price: $280,000 Cash invested: $750,000 Sale price: $1,500,000 Bought a double lot, right on the water, to build two $750,000 homes What made you interested in investing in this type of deal?

Do not turn your water on until you have a tenant.

@Andrew Taxes are roughly $7500 a year, Water/sewer is $1200 a year and snow/lawn maintenance is $800 a year.

I am conscious that there is going to be resistance on this as some cannot do without AC.

3 bed , 1.5 bath, 1 car garage and 1 parking with (trash pickup, water, snow plowing, lawn maintenance included) for $2800  in Greenwich, CT? 

its very close to the water

I assume that even the water is metered separately?  

You will have to get it rezoned, likely recieve a density waiver, do a bunch of dirt work (basically sewer, water, power and legit dirt moving) to create lots at the low end to a full development including building homes.

@Larry Waters  In most states, marketing a property that you don't own is a license-required activity.