Hopefully you will use that to create some sort of income stream that will support you when the money runs out.Personally, if I had ONLY, and I do mean ONLY, $1.2 million in assets and cash and I wanted to work minimally I would NOT be looking at $800K houses.

Also where utilities are located and any easements needed to tap in for commercial applications.The traffic count on that side of the road and any cross streets will play a role as well.The 2 acres her land sits on might not be as valuable as the Kmart and Target side or it might be more valuable to the right corporate tenant.They have varying degrees of criteria and like different things for different reasons.The more elevations and dips the property has the more it will cost to grade it.Going vertical is mostly the same cost but the grading and other issues to get there is where costs can get expensive.Demoing a house is very cheap and not that much of a concern for a developer cost wise.What does concern them is the city and county architectural requirements to build there,traffic lights,road ways,required retaining walls do to slope issues,soil composition with drainage issues and or rock formations,rivers and streams with endangered species,historical sites or houses,properties next to funeral homes or graveyards,etc.Those types of things along with of course demographics are of a big concern to a developer.If the 2 acres is on the corner or next to it where a pass through from the corner property once built out can be obtained you have good value.The further it gets away from the corner the more it limits who wants to be there and what price will be paid for it.

Chukwudi, I am not a bird dogger, but I am constantly looking for deals for myself.

I do not want to send out thousands of emails at a time- I could not manage the reply's, I can send about 350 a day and not get overloaded... this system lets me not pay monthly for a server site- like constant contact etc... if I need to sen out more- I can use more than one email.Tech tip- emails accounts have limits on the number of emails you can sent.

I had one FHA deal go an entire month longer simply because the lender changed loan agents on my clients mid stream and the new agent needed EVERYTHING sent again and started from scratch.

That would be the play I would look into if it was me.You need to see how much the land would be too develop,utilities close by,slope of the land,any streams or rivers nearby,etc.

If I use my money I can get 8-10% return, rather than leave it sitting in the bank at .10% I can purchase many properties with the cash and have a nice portfolio, producing a nice income stream.

Companies that rehab and load tenants in there is no income stream model that is proven over time.If a company can show investors that over a span of years investors have bought from them and here are actual and not stated returns from case studies and you can show those returns than you have something.

To have a long term steady stream of income.

I constantly make an effort to meet someone new everyday and have lunch or coffee.