But, if the $100k is coming in from a $3,000 acre from which has already been harvested $20,000 in TDR credits, that's not a bad ROI. 

As noted, if your options are Reg D, private offering vs fully registered public offering, even if you are talking Pink Sheet (OTC) stocks, you have public filing costs, annual audit requirements, and likely more on-going expenses that have to be covered by the property(s) owned by the offering.  

Growth is best served TRANSACTING properties to HARVEST appreciation/equitable gains for redeployment of those gains (better know as PYRAMIDING). 

Because it allows you to "harvest" the accumulated gain or loss for tax purposes while still holding the investment.

Because it allows you to "harvest" the accumulated gain or loss for tax purposes while still holding the investment.

And I like to harvest equity to buy more cash flowing properties.

(You should see pink antifreeze in the toilet bowl and tank)

You can get into a bunch of properties with that much money, but honestly unless you just really love RE I'd be pretty tempted to find a couple of decent dividend funds and just harvest the returns.

The thing about teak is natural forests are being harvested at a rate of 20 to 1 farmed plantations planted.  

More people are buying in the Owens Cross Roads, Harvest & Meridianville areas because you get more bang for your buck.