It may look like a quick refresh on the surface but people can do some weird stuff like blowing foam insulation into electrical outlets and running an electrical cord underground from shed to house.

New interstate and new exit ramp into community.  

Appliances were another $2.6k and I prefer to use Costco because they bring all the hoses and cords for free, install for free and haul away for free. 

People like- Boulders, trees, water, good neighborhoods, good schools, safe communities, close to interstates or subways, walk out basements, views, etc. 

Various builders know, and remember, assorted horror stories of so-n-so who held on, and held-on, waiting for a recovery that didn't come soon enough, wracking up more and more debts, only to get liquidated at a far worse bottom than if they'd just pulled the cord earlier when could. 

And instead of drywall, we spray the ceiling in a flat charcoal grey, including all the pipes, cords and ducts.

Build a basic small stick home for $100,000.  1mm metro area 20 minutes away.  4 lane interstate 2 miles away.  

We have opened walls and found wiring down with lamp cord, wiring that was simply twisted with no box or wire nuts or tape inside walls, joists that were cut almost all the way through by plumbers running piping (fairly common even today), wiring with nails through it along with burn marks (ever wonder why old homes catch fire?)

Probably north of interstate 40, from Canton to Black Mountain, and no further north than Weaverville.

Deal makers-  more than one road side, shape of land relative to road access, nasty properties, market availability, boulders, water- you can make ponds, trees, walk out basements, isolation or access, Texas interstate traffic is not your market, look at loopnet or Crexi- look for the oldest listings.