They keep rent low, give gifts and homemade cookies for Christmas, make upgrades whenever the tenant requests,  accept all the late rent excuses, etc.The truth is, your tenant is not your friend.

I’m almost 65 I have about 3 million in property and am strongly considering finding a non profit I believe in and gifting 2 million to them- you don’t have to pay taxes if you do that but they’ll take 5-10% of sale.

Quote from @Bear Geiger: At Little Bear CreekProperties, we specialize in developing large tracts of land into individuallots for home builders in the Raleigh, NC area.

Found this off-market deal through a local wholesaler specializing in distressed properties.

Found this off-market deal through a local wholesaler specializing in distressed properties.

Many warranties cover single-family homes or duplexes, but for multifamily properties, you might need a specialized policy.

Right now, land (unless in a hot market) takes a special type of buyer/developer to turn it into money, so you're better off finding the thing the people with the money want. land tends to sit a long time...

In my experience, a property with multiple cottages and outbuildings can provide all kinds of creative strategies...some folks try short-term rentals or even specialized retreats if local regulations allow.

Building a relationship with local real estate attorneys or agents specializing in STRs in the area can save you headaches down the line. 

Then you specialize or hire legal, operations, finance, investor relationships, concept, deal analysis, Which investment level your at determines what experience you need.