Quote from @Cory Hickman: If you do not have experience at all with fix and flip and this is your very first one.

Their experience and determination helped secure the property at a price that left plenty of room to create value through improvements.

We just don't want you wasting time going down a dead end road.

After the call, he proceeded to close up shop and go out of business2) Looking for a brokerage with 100% commission and no fees to them.3) Seem interested 6m a year in transactions, had two calls setup a meeting at the office, then ghosted.4) New agent, no experience.

Electric can also be an issue in California, but it sounds like that you've checked on that...but sometimes just because a lot is infill with poles everywhere doesn't mean that the electric company wouldn't require a long amount of time to process electrical plans on their end and sometimes they end up having to replace a pole or add a transformer, etc due to additional load demand. 

Curious to hear others' experience and advice on possible strategies to acquire large amounts of land without tying up a ton of capital?

If you’re thinking generational or long-term wealth, hold.Risk tolerance: Some investors sleep better collecting smaller steady checks than chasing bigger but riskier returns.Discount vs. yield math: Sometimes it’s worth selling part of the note — you can even do a partial sale to pull some capital while still holding the tail end for cash flow.Personally, if it’s a clean, performing note with solid equity and no headaches, I’d hold it.

They get even more after two years in a space.In New York City, a tenant's rights, particularly the required notice period for a landlord to end a tenancy or raise the rent, are based on the cumulative amount of time the tenant has lived in the residence.Good point, Lydia.And you’re right—NYC tenant protections are no joke.

I would take some time to enjoy the experience and find your groove with property ownership before jumping into another one.

From our experience with distressed SFH houses the market has stalled.