So, a property a few lots away from my house came on the market for relatively cheap. It's 1.6 acre lot in a fairly private location at the end of a road. It has a driveway, and utilities (including well) already in place. It is literally 2 lots away from my house on the other side of the main road.
The problem is there is a shit ton of garbage on the property, including the unfinished foundation for a split level house. I'm at a loss as to how I would deal with the foundation, or if its still useable at all. There are no obvious issues I have seen with it, but I haven't inspected it closely at all, and honestly construction isn't my field, so I don't know what I'm looking for.
There is also 1965 single wide mobile home that is gutted but still livable inside. Its plumbing has been frozen and is all destroyed. Water is scabbed into the place with hoses to supply one sink, and a washing machine, but it is not hooked to a septic system (sink and clothes washer drain to a dry well), there is an outhouse. It has a working gas(NG) furnace, and a gas range in the place, as well as electric. It is currently being lived in.
There is also a derelict motor home on the property, I don't know the entire story about it, as far as what works and what doesn't. But I assume very little works if anything, and its a big'n. Its a 3 axle job that would require a big rig wrecker to move.
Garbage is free to dump here (its paid by taxes), and the scrap yard will take the RV, if the AC's (it's got two), the fridge and the black water tank are removed. There is also some large pieces of structural scrap metal that would require some heavy equipment to remove, but mostly it could be loaded into a drop box, or the into the back of my pick up truck.
We think we could pick up the property for about $40k, and we are trying to decide if its worth all the work and headaches that will be attached, and we are also trying to estimate how much it will cost to clean it up.... Its location right next to our property makes it quite attractive. That's harder to put a price on.
Its all a little overwhelming looking at it, and just typing this out helps me wrap my head around it some.
I would appreciate hearing any and all perspectives, and thoughts about my situation.
Edited by Juthro, 25 October 2018 - 04:24 PM.