Firstly, they are significantly more affordable than traditional houses, often reducing the financial burden of homeownership.

For his first two years here he stayed in a rooming house, because he couldn’t afford his own house or apartment.After World War II this country “got rich”, affordable housing became plentiful as “the suburbs” were developed.  

I know the deferment period for capital gains is almost up, but what are the pros and Cons of an OZF vs a traditional 1031?

I simply recommended the seller finance structure based on the current market rates to make it easier to sell since he has better rates than can be gained financing traditionally.

You need to carry a special type of health insurance, not the traditional kind.

Quote from @Chris Seveney: @Francisco AvancenaThere are specific lenders who will do land dealsBut of course not as many as traditional real estate.The key will be skin in the game - typically for land because it is less liquid than a home the lender will want to have a lower ltv on the deal I fund land flippers currently in  CO FLA WA ID MT NV AZ OR TX SC GA VA  one thing about land though LTV is lower and RATES are NOT the same as typical HML rates are higher for raw land but its a specialty niche and a business that I grew up in..

IMO, the person you want to look at is Jonathon Haveles with Land Riches Blueprint. 

Many want get rich, quick cash and will just jump on whatever because they convinced themselves its easy money.  

Rich

I looked back at my tax returns when I was doing the conversions from my traditional IRA to my Roth IRA and realized I had converted up to the limit of my standard deduction allowing that amount to be tax free, but the excess above that that I converted each year was at the lowest tax bracket, so while I did convert some money tax free each of those years I DID IN FACT pay more than a few cents in taxes on the amount above the deduction.