If you're in the real estate investment business and must watch every penny, irrespective of your time, then by all means, do what you think will keep your expenses to a minimum.If, on the other hand, you are really in the business of creating profit by way of being a good marketer and a committed dealmaker, your creative energies ought to be reserved for doing what you do best (or intend to do best)...

What are some other creative things others have done with this type of land?

Most people want cash flow, and these days, you have to get creative to make that happen.

Looking forward to some creative responses and hopefully a tax attorney referral! 

But then I was tapped out on access to funds, so I switched to creative means, obtaining the next 3 properties via lease-options.

Even with a lower prime rate, the affordability boost is limited if home prices remain elevated and rents don’t increase proportionally.For investors, this might be the time to get creative: value-add strategies, BRRRR, or exploring underserved markets where rents still have room to grow might help improve cash flow potential.

If you could stomach the negative cashflow or get creative holding is not bad.

Currently looking to purchase a long-term rental and have heard of some of the low or no percent down options such as with creative financing.

Leveraging debt is our foundation as investors, but paying it down when we can will always open up more opportunities to get creative with out money later on. 

I had to basically start from the beginning again bc the attorney I used for the longest time retired and my original post was basically like starting over--creative financing is foreign to most now.