To lump them together in comparison is laughable...it's like saying, "A pound of gold is no different than a pound of salt-- they're both a pound of natural mineral!"

Restrictions on what can be built,minerals rights,environmental hazards,flood prone,etc.

I would add mineral wool or batt insulation to the walls for sound. 

I've been a Petroleum Landman for the last 10years writing mineral ownership reports for a Denver area based brokerage. 

I use this site for my main job dealing with mineral title and land acquisition for projects.

You need to have them serviced every 2-3 yrs to get all the minerals out of them or the lifespan diminishes.

Mineral, Oil and Gas Brokerage26.

See Uniform Capitalization Rules earlier.The costs you can choose to deduct or to capitalize include the following.Carrying charges, such as interest and taxes, that you pay to own property, except carrying charges that must be capitalized under the uniform capitalization rules;Research and experimentation costs;Intangible drilling and development costs for oil, gas, and geothermal wells;Exploration costs for new mineral deposits;Mining development costs for a new mineral deposit;Costs of establishing, maintaining, or increasing the circulation of a newspaper or other periodical; andCosts of removing architectural and transportation barriers to people with disabilities and the elderly.

So an acquaintance of mine rents their home.  

The house is in fair condition already so with miner improvements a decent rental will work.