Yes, I learned through the BP podcasts that these vehicles are out there. 

Deal makers-  development potential, vehicles per day, road ingress egress off highway, signage potential, multiple road accesses, value add potential- housing- trees, boulders, ponds, walkout, views, right side of town, power-line right of ways, etc6.  

I ended up having about 10 abandoned vehicles / RV's (some looked like meth labs...think Breaking Bad).What made you interested in investing in this type of deal?

If I am buying an investment vehicle that I know is going to depreciate, then it doesn't matter what the market does.

Vehicle expenses are one of the major costs to consider, so living nearby helps reduce those expenses and saves you time.

Too difficult to access our vehicles and the Fort Knox of cameras.  

Unless of course they were using a SEC vehicle that allowed a certain amount of non accredited. 

Lease options are the vehicle of choice here, until I sort out how to get to the other side of the ceiling imposed by debt to income ratio.

Just started with a new employer that pays for housing, vehicle, and fuel.

Instead, you must invest in a purely passive way, such as a syndication.Second, real estate is a tax-favored asset and investing in a tax-favored asset through a tax-deferred vehicle is a bad idea.