Most people like the idea of having outdoor space available, so I would say it is likely worth it.  

I don't know how your seller will respond to the request for owner financing, but in my case, I would be certainly entertain owner financing this property to a buyer.  

Looks like Homer has growing market, lots of retirees, fishing capital for travel and outdoor adventures. 

In one of your articles, it states:"Ineligible Properties: The following properties cannot be acquired with non-recourse financing: Residential with large acreage, raw land, farms, rural properties, manufactured or log homes, non-warrantable condos, Condo Hotels, Co-ops, Time Shares, hotels, senior or assisted living facilities, non-franchise restaurants, entertainment properties, ministorage, and commercial property."

@Rebecca ReadusWhen searching for a vacation home in Orlando with an in-law suite or ADU, consider the following factors: size and layout, zoning and regulations, separate entrances, kitchen and bathroom facilities, outdoor space, location, and budget.Size and layout should accommodate both living needs and potential rental space, with separate areas that could be converted into an ADU.

Here is the Coliseum Specific Plan project description:The Coliseum Area Specific Plan ("Coliseum City") seeks to transform the underutilized land around the Oakland-Alameda County Coliseum and Arena into a world-class sports, entertainment and science & technology district that boasts a dynamic and active urban setting with retail, entertainment, arts, culture, live and work uses.

This post is for entertainment and is not to be construed as legal advice.

I found this thread pretty entertaining. 

:PGambling isn't bad if one uses play money and treats it as entertainment...

I enjoy fishing, being outdoors, traveling, playing sports, and new experiences.