The rent from the other units will allow your to purchase a more expensive property than you could on your own, which could help you build the value of your portfolio (and equity) faster. 

Quote from @Daron Williams: I just invested in a tax deed here in texas it was a beautiful lot right on lake sam rayburn. i have it on the market for sale the only problem is you have to have two lots to build on.. i found the person that owns the lot to the right of me and there willing to possibly sale there lot the only problem is i dont have the money or the credit  to purchase it.

So why not put that money to work and start building up some cash flow?

from my advice rural properties and developments aren't successful and you are climbing an uphill battle. sounds a little niche. we focus on developing and not reinventing the wheel. if this is truly what you want to focus all your time and energy on then visit the closest 5-10 of these that look like the ones you are interested and ask if they'd expand or build a secondary one. do a lot of research before you just take action 

Typically gets 15 – 25 attendees.Texas Tuesdays Mastermind - https://www.facebook.com/events/the-sogio-building/texas-tuesday-fort-worth-real-estate-mastermind/1830836547025917/- meets 1st Tuesday of each month and is completely free.

I'm focusing on building relationships with high volume agents, wholesalers, buyers, and sellers in this market to create dealflow for myself and my clients.From a strategy perspective - we work heavily on co-living properties as it is one of the best ways to make things pencil.

It’s just like having your 5 houses, only all in one building.

They may be a great resource for you to start building connections. 

Focus on building cash flow and equity while targeting value-add opportunities to transition into shopping centers and strip malls over time.Good luck!

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset.