Inherited a piece of land in Lehigh Acres, FL - thinking of building to rent

[Roberto Ramirez]

Hi- recently was gifted a property in Florida (Lehigh Acres) that my in-laws owned for many years but did nothing with it. Wife and I were thinking about building to eventually rent instead of just selling the property outright. We've always been interested in investment properties and have been following BiggerPockets for many years now but never pulled the trigger. I'm sure there's a lot of headaches associated with going this route but wanted to see if anyone else has done something similar. I have to figure out the cost/investment of building a home from scratch vs potential rental income, etc.