I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the property utilities: $128K including the original land purchase price.

Seller should transfer the property into a land trust.   

I saw an example recently in Bloomberg about how local regulations can really shape a landlord’s experience, from what I’ve heard.

"Is business ownership without owning the land still considered real estate investing?

Besides, for depreciation land value is taken out.

Is this ultimately a land play? 

as one who grew up in the land business brokering land in Napa Sonoma Lake Mendo and humbolt counties..

Good Morning,I'm working with an investor (family) who owns raw land within an LLC.

Right now, I’m in the process of sourcing land for our first project.Happy to connect and share insights.Wishing you a great holiday as well!

I or a partner have done at least two of his boot-camps over the years, including his land & commercial property which helped us buy our first three land joint ventures-with-the-sellers a few years ago – never has there been subsequent illegal charges, but I do read thoroughly the agreements and immediately notate in my day-timer the required termination date for any company’s teaser or rebate.Again, I empathize with those who had bad experiences with any company’s or guru’s teasers, but I’d suggest rather than avoiding teasers and rebates, take advantage of them!