@Donn Yu  What is your plan for the high Teas real estate taxes AND the high CA income taxes?

Plus, we have great sweet tea.

I owned 700 acres out in Willimina worth over 3 mil. and my tax's were less than 2k a year.you pay tax when you harvest the tree's a once very 60 year event..I am in Lake O and my property is right at 1 mil and my taxs are 9k.. for instance.

Going to attempt to summarize everything up to this point.Current Stage of construction: FramingWe purchased this lot about 3 years ago for $6000Have built 3 homes in this same neighborhood, this is our 4thTook about 6 months of re-zoning to allow for a variance in the rear of the property so we could maximize the size of the home, mainly to accomadate a master bedroom downstairsLot was vacant, cleared out a few trees and started on the foundation, concrete slabAltered the plan a bit so that the patio faced east instead of north, thus making it open to the patio.Project Description: 2-story home, 3 bed, 2.5 bath, 1 office, 1 game room/4th bed2808 sqft,  Lot  6,568 sqft        

For example in my city some older outside plumbing pipes in the 70's and earlier are clay and tree roots can grow into them.

The exit strategy will be getting whatever you can get for them as there will be no appreciation.Our exit strategy for at least one property is a tree landing on it during a hurricane.You really do need to be a hands on landlord as well.

And I'm not gentle.My favorite lie to dispel - "Money doesn't grow on trees."  

Have you heard the old saying, when is the best time to plant a tree? 

Insure the house, pray the tree lands on it.

Nothing to add here than a instance I had the semi same thing with a bankWe bought a Tree farm in Oregon 700 plus acres.. and it came with a full time caretaker.