Its also long term since freshly planted trees or the like take several years to begin bearing fruit.

But there are interesting fun vibes here at BP when specific people interact, I can even predict what they're going to say and what these two folks going to debate ;-) , the forum is like a fruit market, where everyone is throwing their opinion and then for an answer that you're looking for, you write down that answer in your brain. 

However, I'd then still want to be able to get the cash back out of the property - so I'd be looking for some type of secured loan, backed by the raw land I guess?

I am looking to acquire raw land and develop it into an RV / microhome community, including construction of the homes.

So in theory it can't be a LTR if we move out someday, but a lease naming a tenant as "manager" probably gets around that.I've thought a bunch about how to improve the property's cash flow, and there's lots of marketing and operational low-hanging fruit before we get to capital improvements. 

I am interested in purchasing some raw land that is zoned residential. 

Typically there is a metal plate between concrete and raw wood to avoid the rot.

Relaxing occupancy limits seems like low hanging fruit in that effort. 

It is raw and it is real.  

That is, do you want to develop lots out of raw land (developer), or build houses on lots (builder/contractor)?