I have noticed a lot of investors are seeking out cities that are offering lower priced lots and simply adding a Modular or Manufactured and capturing a very nice cash flow.There is a new trend starting in Florida and in other states where an investor buys a piece of land or lot and add a 'Tiny Home". 

I know this because they filed an affidavit which clouded the title on a land contract that I purchased from them.   

.), hard assets (properties, land, etc.), businesses or commodities (gold, silver, oil, etc.).

Bump up the price to market price or maybe a few % above if the house looks good and is in good shape.

Hi Evan,If you do land on Indy and want any help crunching numbers and current rates.

Make sure you know the impact that adding an ADU will have on any rent control.12) investors seldom include the land value in the overall ADU costs.  

Mostly a single ADU added in a single family zone area will add less value than the cost of the hands on addition.Depending on the financing my underwriting with a high LTV (80% LTV) for $200k would be cash neutral at a rent point at about $2200 when allocating for all expenses without including any land value.  

Farmland, ranches, other land for development etc. is the focus within our RAD Diversified Land REIT (RADD America). 

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.

On my other credit lines I have with them that are tied to my land flipping business ( I fund land and home flippers in 7 states) I pay one fee up front and the line is good for 3 years.