(The good news is, my offer got accepted and I just purchased my first parcel of vacant land, a really beautiful lot with a view! 

Hey @Cody L. and @Derek Jones ,   I appreciate you guys taking the time to provide feedback. 

-roughly 1,000 acre parcel for sale-Land held under an LP/LTD (multiple parcels for sale together)-owners took out large development loan pre-recession and defaulted once market collapsed-small banks bought up loans, those banks failed and got bought up by bigger banks.

More importantly, commercial land is almost always worth more than residential. 

A Land Contract?   

You gave us land value per appraisal, but not improvements value and total value. 

Purchase: $300kFMV: $550k Tax Appraisal Land Value: $253kThe issue becomes that usually the improvements (road, signs, fence, dumpsters, electrical, water/sewer, lots, etc) usually run 60-75% of value of the investment and thus is depreciated but with the land value on this about equating to purchase price, I’m missing out on this write off.

I don’t want to be black balled on a opportunity from asking them over and over.

At 19 you'll be lightyears ahead and already get the ball rolling greatly before you're 21.

Have a GC of yours go in and give you a bid, they'll get you a ball park figure to work with.