He traded property that he was tired of managing that he paid 20k for that is loosing value plus 100k in cash.

I have mine in Fidelity and Vanguard no load, no fees and I can trade stocks & ETFs cheaply if I want.At Dow 26,000 I'd be dollar cost averaging out of equities honestly. 

we do a lot of infill building.. this only works in HIGHLY desirable areas @Wayne Brooks  as Wayne states not sure were your thinking the value play is here.now there are plenty of folks that buy cheapo lots in FLA like Lehigh acres then sell for a few grand more on contracts those are the land flipping guru's you see that's what they teach.. and there are millions upon millions of lots available for this type of activity generally in FLA  and West Texas  AZ CA and other areas that had massive land speculation booms in the turn of the century.. think Lancaster Palmdale in CA there are million plus platted lots there that get traded around at tax sales every year.to find land with value to builders you need infill in established areas.. close to down towns.. in areas that are regentrifying .. lots that have shadow plats beneath them. or you can split using a lot confirmation technique ( common in Portland)  you need to work areas of Scarcity .. 

While GRM is a good metric to give you an idea of your internal value, these properties don't trade based on it. 

If a regional or national tenant they tend to trade at 4 to 5 caps so where interest rates are today they almost have to be all cash purchases.An advantage to a ground lease is being able to buy in an area you might not could afford.

I have journey level skills in just about all building trades and I am an architectural designer so when I want to wholesale a house I am willing to join my fortune or luck with any of my cash buyers .

You start to dabble in other trades and eventually you're skilled in enough trades. 

Need to determine how long you expect to own the property and whether that is a good trade off.

It’s likely a scam, or a bunch of “trade lines” at vendors.  

@Andy MirzaThe ERISA plan asset rules may come into play if pension funds are used unless the funds main line of business is the development of real estate (REOC), or the fund is a publicly traded company registered under the Investment Company Act of 1940.To qualify as a REOC the fund must invest at minimum 50% of its assets in qualifying real estate considered managed or being developed.