Tarek Wazzan I have been trying to inbox u but it will not go through.

Like every other town u have good and bad neighborhoods.

You need more information to untangle this mess.Clintnormally one of the test for adverse possession is to pay the back tax's  so if the OP paid the tax's not sure they could perfect a adverse claimbut seems to me one would need to survey it unless its very obvious based on houses on 3 sides etc.this can be a mess.OP why did you buy a vacant lot and did U not inspect it first   just curious. 

U can be taking applications but the new buyer should be involved in my mind with tenant selection it is their house after all ..

@Ryan Churchill You don't have to withdraw  that money and seasoned in your account for 2month but you have to withdraw  before you submit the file and provide paper trail to U/W.

Use those "nail with a U-shaped plastic clip on it" things to keep the cable off the ground. 

you both can walk away from the deal at any point and did they have insurance....what I'm saying is most ppl sell as is due to lack of funds/interest in fixing the problems because they could invest $10k and make $50k when selling I would have the place reinspected and attempt to lower the price to cover most of the damages your already at the table nearing the finish line you have allot more power than you think speak to your attorney as to what you stand to loose by walking away like earnest money if u can accept what he says you stand to loose NEGOTIATE who else is coming to buy these pls damaged hurricane prone home but you, just FYI my first house asking was 380k as is I offered $300k then did an inspection and came down another $7k i represented myself the sellers agent yelled and cursed at me claimed I was trying to steal the house we closed 3 months later your at the table your better off doing the renovations yourself anyway 

minimum ;) tablet predictive text u know

SF Bay Area experiences mass exodus of residents, leading to a shortage of U-Haul trucks and sky-high prices for scarce outbound truckshttp://www.aei.org/publication/san-francisco-bay-area-experiences-mass-exodus-of-residents-reflected-in-one-way-u-haul-truck-rental-rates/I first heard about the "U-Haul Index" in the mid 2000s when record numbers of people were leaving the Bay Area.

If the real estate business takes off, then u could certainly consider doing it full time.