Would you consider land lease properties for rental investments?

[Sam Leon]

Looking at a property as a possible rental.

HOA fee is higher than normal, at $450 where in the same neighborhood it's around $175-$225.

The reason it's because it's on a land lease.

But the townhouse is priced lower than expected, also because it's on a land lease.

The land lease expires 2074, a long way away.

Now, would you consider a land lease property even if it's that far away?