Does anyone actually flip land they inherited or is it always something you went out and found
My aunt passed in March and left me a 17 acre parcel in rural Bledsoe County, Tennessee. Property taxes are $340 a year, no mortgage, no structures, just raw wooded hillside with a gravel road easement that was written into a 1991 deed. I have looked at it once. The assessed value is $28,000 but I have seen two comps in the same township sell for $41,000 and $47,000 cash in the last 18 months, both around 15 acres, both similar terrain. So the spread feels real but I did not go find this deal, it landed on me, and I am not sure that changes anything practically but it feels different somehow. I have been reading about seller finance paper as a way to move parcels like this to buyers who cannot get conventional loans, and the idea of carrying a note on something I have zero basis in is not unappealing. But I have no experience originating a land contract, no servicer lined up, and no real read on what kind of buyer shows up for Bledsoe County acreage. Curious whether people in here have worked inherited parcels or whether the deal flow here is almost entirely off direct mail lists.