Buying land in Georgia?

[Aurelio K.]

Hey BP community,

As a real estate investor, my focus is on SFR rentals in the northern Atlanta metro area (Gwinnett/Forsyth counties) but I've been thinking about setting aside a small portion of my portfolio for possibly buying some land. This is of course purely speculative but was wondering what your thoughts are on this? I have many questions and any advice and referrals to resources would be great!

Some basic questions I had was (as a beginner in land purchases) should I stick with lots on already developed subdivisions? Versus empty wooded lots where utility services are not available? If I buy an empty lot in a subdivision do I have to also usually pay the annual HOA on top of the property taxes? Should I stay away from certain kinds of lots?

My purpose of buying land would be for flipping in 5-10 years and starting off small (0.25 to 2 acres) with a budget of up to 25K

Any thoughts are welcome, thanks!