Great choice.

I bet those that start on teams, is considerably lower.

Just an example Yesterday, my motivated seller’s earnest money put up in a escrow of my choosing, Today, my cash buyer’s earnest money put up in a escrow as well howeva Its with his own title company which is different from my initial escrow, that I had, So tomorrow how will I transfer escrow funds from my original title company & put those with the cash buyer’s title company of choice?

But let's run with it....My bet is even using your number...it would be tremendously cheaper. 

I'm curious to learn more about personal finance choices that BP members have made in addition to owning real estate.

If you're looking at something other than a college town or tourist areas (which are unlikely to have properties that inexpensive), I'll bet that you'll have a harder time than you think selling off those new lots.In general, unimproved land moves more slowly than regular homes. 

Vetting as many as possible is the best bet.

I would bet that it could rent for maybe $1400-1800/month depending on the local market. 

You’re best bet is learning how to raise capital and be the all cash buyer!

@Evan Dyer great book choice!