Fix and Flip Great Investment? Yes or No??

Question

A 1300 sqft double wide mobile (doesn't look as such from the photo of it), sitting on 10.5 acres of land... nothing in the whole town even comes close according to the MLS and public records to have such massive amount of land. Is this potentially a great fix and flip deal? as an wholesaler that I am, would this be a great oppurtunity me to put this idea in the lap of a cash buyer? What do you think about it? would you bother ? THANKS for all inputs.

Wyatt Franta · Answer

What @Dean Carter said.

Get a Natural Hazards Disclosure (NHD) report on the property and see what's going on what that land. That trailer could possibly be built on the only 1,300 square feet of habitable land available, and the rest could be marshland.

Also, would this deal's HBU be a fix-flip? Could you potentially purchase hold the property for the long-term until you connect with a developer looking to build in Arkansas? Land is the one commodity no one can produce more of. In CA, we've discovered just how crucial land is given how everyone needs a place to live and we're quickly running out of room.

That's just my hypothetical opinion/thought, of course.

Dean Carter · Answer

Is the land buildable?  Make sure it's not in the flood zone or swamp land.