@William C.Western slope of Colorado - Grand Junction - is polar opposite.

Average house cost me less than a couple grand including demo and installation.

@Wz Michael generally a property that was legal at the time is grand fathered if the areas is rezoned but you need to confirm that is the case here.

Cutting out a potential long-term partner/relationship for a few grand is stupid and wrong.  

It is the grand plan right? 

My plans have changed throughout my life and with 6 kids and 11 grand kids, living in current economy, preparedness is high on the list.

I plan on moving about a grand a month, to build my balance sheets cash availability and minimize my payout, while growing the business (since I can live without pulling cash out for a little while at least).

What is customary in your area, sometimes a note will do it, sometime a hundred bucks, often a grand and in somplaces they may want a % of the sale price offered.

If I thought there was a chance for a 4K profit, I might (might) risk 30 grand, and that’s if I had nothing better to do for a couple weeks and had everything lined up perfectly.

What I mean is that I think if you buy, fix, and manage such a property yourself, you would likely lose money on the investment (maybe a few grand up to say 10), but coming out of it you will have some really great hands on experience that you could apply to make money and apply to your next deal.