A mix of personal cash and existing equity.

If the existing 'main' MLS in an area wants to get most or all of the local listings, they need to step up, be the most modern, up to date, easiest to use, add value, etc, and not be the clunky 1990s-feeling websites/portals that they currently are.

I have the opportunity to buy a property with an existing RTO contract.

I have never done a from scratch build, just alot of BRRRR on beat up existing structures. 

I constantly warn people that there is simply too much risk for the average person in an auction: House full of mold, honoring the existing tenant’s lease, meth houses, current owner pouring concrete down the pipes to spite the new owner, evictions, finding out you just bid on an inferior lien (like you just did), municipal liens, back-due child support, IRS liens ... the list goes on and on.At least you only lost $16,000.  

The title is in your name, but the sale is subject to the existing mortgage.

Are they proud of the existing facility management?

In either case, you should verify that you are eligible to transfer the funds from your existing retirement account (e.g. if the funds are in your current employer 401k, you will likely not be able to transfer until you quit your job).Considerations in Setting up a Solo 401k to invest in real estate:1.

In the neighboring towns, they had built new apartments in an existing factory.

Maybe going to some of those that already exist?