there was a new freeway interchange and a new home depot the land was one block behind it.

You want lower land cost with high rental demand unless you're a reno expert and flipper which not 1% of real investors are. 

They have been developing land and building projects I believe for over 20 year now.

My land flippers even more so..

I am sure he has come across this plenty of times.Hey Jonathan, I appreciate the vote of confidence, but I've only ever bought and sold trailers that come with the land, so I'm probably not the best person to ask.

., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.

Entity structuring, basis calculation (i.e. breakout between building and land), deductible expenses, etc.

Though he prefers to reposition existing multifamily properties, he has also subdivided land, built homes, and constructed self-storage.

I’ve seen people buy land thinking water was covered only to find out they had to pay 6 figures to get water re-routes or upgrade pump stations.

Do you know the laws of the land?