Offlineand its listed by an out of area realtor on the WRONG MLS; my REALTOR couldn't even find it! So, this is OPPORTUNITY! Going to look at it tomorrow and get it under contract! Being optimistic. This is a good one! Its on a 2.2 acre lot (unheard of here!) backing to the national forest with views! Here're the #s
ARV: 325000
Repairs: I'm estimating 50K, but I really don't know, I'll know tomorrow.
BPO and listed price: 189000
I'll try an offer of 140-70K depending upon the repairs needed. Maybe almost full asking if its in pretty good shape.
It was built in 2000, so its rather new. If anything there may be pipes that froze during the winter or water damage. EXCITED! 
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Isay go ahead look at it. Make an offer and see what happens. Def look for the water damage if their is any. I actualy wrote up an offer today for an reo that came on the market yesterday, saw it yesterday, called the realtor and told him I want to submit an offer. I am to get it to him tomorrow. You submit an offer and I submit one. Keep it pluggin and keep eyes open as you are sharp already. Taking action. Keep it going.
I got my mind made up.....
www.Kingjussinvestors.com
www.jussinvestors.com (buyers site)
and it is about in as bad of shape as previously thought, and has been completely gutted; but it does look like there may be a leak in the roof where they tried to fix it. The setup is very higgldy-piggldy, but its got POTENTIAL. This one will sit for a while. Its off of a dirt road, is on septic and propane, and this usually turns off buyers. After watching Dean's first deals, this reminds me of the land he acquired and turned around and made millions.
2.25 acres, in the middle of the forest, secluded and away from the world. Winter access would be very difficult, as the road is not maintained (plowed) so we'd need to acquire something to pave our way in in the winters. I'm tempted to sell my cabin I acquired in January and buy this in its place, just for the sprawl of land and I can see what a diamond in the rough it is. But I think as an investment it may not be such a good thing to pursue. I may throw out a 1/2 price offer for the heck of it, and see where it goes.
If you go ahead and submit the offer, be sure to let us know what happens.
Also, since this land butts up against a national park, do you know if there are any special conditions/requirements regarding sub-dividing the property?
Cindy
Life isn’t about waiting for the storm to pass…
It’s about learning to dance in the rain.
The most difficult thing is the decision to act, the rest is merely tenacity. The fears are paper tigers. You can do anything you decide to do. You can act to change and control your life; and the procedure, the process is its own reward. - Amelia Earhart
"The greatest mistake you can make in life is to continually be afraid you will make one." - Elbert Hubbard
I didn't move quick enough and the property is already under contract. All I'm hoping is someone put in a blind bid and hasn't seen the property and its restrictions. On to something else.
I'm still hunting for a lawyer to make sure my land trust form is all legitimate and ready to go so I can move quickly on the REOS. I've decided its probably easier to do the land trust than the LLC. I was teetering back and forth on which option is best. Has anyone had a bad experience with a land trust?