Moving from Rental investment to land development

[Sameer Patil]

Hi All,

I have been mostly dabbling in rental investment for last few years. However, considering the competition in current market for any properties (I am based on Seattle area), I am looking into other options like land development. I understand, this will involve a lot more risk and effort than being a landlord. However, I feel the rewards are greater as well. 

Have you made this switch and would like to share your experience? I am hoping to learn and avoid some of the pitfalls.

Thanks, Sameer