The second challenge would be finding land in a decent enough area where building a rental makes sense.

Been listed for 5 months for sale, but it's is a land lease now with 29 years left.

1.Zoning and Land UseUnrestricted Areas & Mobile Homes:How can I determine if a piece of land is in an unrestricted area or suitable for placing a mobile home?

Land has gotten expensive in Charlotte but the new UDO has allowed for expanded density on infill lots.

And your net worth will thank you.If you still want to go ahead, you'd be better off buying a house than an apartment because, while the value of the building itself will go to 0, you'll still have the value of the land, bearing in mind that the land might actually lose value too given the depopulation and the yen depreciation.Sorry if I'm pooping a party but make sure you understand what you're getting into (which you're already doing by asking the forum) and then make the decision that's right for you according to your objectives.

.: Quote from @James Jefferson: Hi, I have a family member that had a reverse mortgage on their property it's a 3b 1b 1 acre of land heats by oil no hvac and on well water.

@Anade Davis Agency: either FNMA, FHLMC, FHA, or VA.Look for land contracts, where seller provides financing.

Hi Chris, I don't have any context regarding the seller's situation so no comment on the land trust.

This is prime real estate, and is just about the last piece of land in this area.I have begun to develop a commercial property that I own with contractor garages, which is the extent of my experience in this space.I'm trying to get a sense of how to structure something like this, with using LP's, and also partnering with a builder, and carving something out in that regard.Does anyone have recommendations on who is currently working in this space and could provide some insight?

I guess they have more land to build there so it might reduce the appreciation there?