Austin Tx - Renting land to Tiny homes/ RVs / Converted vans

[Joseph Weisenbloom]

In my area there is demand for land where people can park their tiny home, converted van, RV etc. People pay high rents as well from my research. 

My area also has unincorporated off grid land that is in close proximity to the city (20-30 mins) This means I wouldn’t have to deal with coding ordinance issues but I would have to provide utilities. 

Crazy idea. What if I bought some of this cheap land and installed a solar array, drilled a well and installed a septic tank. Im certain I could rent spots to people fairly easily.

The upfront and ongoing costs would be relatively low as I am not building a structure. Cashflow could be high as well. Keep the land long term and sell to developers as Austin expands.

Anyone ever done this. Am I crazy? Thoughts?