You can do investing many ways.I personally like apartments and NNN properties and it's what I specialize in.One that I didn't see mentioned is investing in businesses and or flipping businesses.You can find an owner wanting to retire and you put 25% to 50% down and then finance the rest.You can also find someone who wanted to own a restaurant for example and buys a business a runs it in the ground.I see this often with people that have retirement savings and want to put the funds to work and do something.They think having a business all these people will come in or keep coming in based on what the previous owner is doing and it will be fund to run it.After running it in the ground they are ready to dump it cheap.You let them pay for the expensive buildout and all new equipment and then pick it up for next to nothing.You put systems into place and turn around and hold long term for cash flow or sell it off for a profit and do it again.These are my main 3 categories I focus on for myself and my clients.I also like raw or semi-developed commercial land that can be sold off for a big profit.

Does anybody know how I would go about figuring how much it would cost to develop some raw land?

If you subscribe to the idea that there are several points at which to enter and exit a development investment between raw land and turnkey, then it is just a matter of due dilligence.

Figure out how to value raw law or tear downs.

Larger landlords should have $30k in reserve.Lawyers who win big judgments against landlords (the kind that put your net worth at risk) are going to go after the low hanging fruit. 

I just got the recorded deed back on my first raw land deal, so I'm getting excited to ramp this up. 

No lender can place undue restrictions on an owner's right to use, enjoy or convey ownership rights, deprive them the fruits of the land doing so becomes a predatory lending issue.Morales?

The days of low hanging fruits are way behind us.

I don't know if this post would be considered spam or not (if so, please feel free to delete it) but if anyone is interested, I run a private free Facebook group called "Land Motivation" for raw land investors which is currently made up of many former and current members of Mark Podolsky's Land Geek program.

However, I kind of don't want to wait till retirement age to reap the fruits of my labor.