How much are you getting the raw material for?

That doesn't help a lot of smaller investors who are renting to the middle class, and aren't interested in competing with the high end sky rises that have popped up in the west loop, and are planned for the south loop river front.That said, by raw count Illinois as a whole lost more people than any other state for the second year in a row and Chicago lost more than in any year since 1990.

I bought a small piece of raw land, on payments. 

Settings - RAW vs JPG. 

If you do one K statement and you get one sub that didn't get paid for tile on Unit 14 filing a lien on a single tax pin that gets recorded on all 16 of your units.So let's say you find a piece of raw land. 

One of my companies has done very well buying raw land and taking it through the entitlement process with the local municipality to achieve the "highest and best use" of the land.

Austin Davis Split up in 50k increments in private placements500k in mfh class b and c apartments 200k in self storage/mobile home park100k in assisted living100k in life settlements100k in hotel or high speculative developments my answer is similar to lane'sladder into syndications across multiple locations, GP groups, and asset classesspread your investments over time and distance and asset class so you are not overexposed to riskI am currently doing this with my SD-IRA, using my rental income and contributions to buy into a syndication every year or soI have an office park, a multifam, raw land, and self-storage, all 4 of them have separate GP groups (although the equity people are the same in the first 3)

The biggest screw-up is that people put wallpaper up directly on raw or flat-primed drywall.

@Nicholas Gray Nicholas, I can't answer your original question because I'm in the earliest, most raw stages of learning about investing but for the sake of moral support, I completely agree with not staying at a job you hate and enduring 40 years of misery for the sake of your salary.

Does anyone out there have experience with this sort of wetland/raw land purchase?