If you're looking for appreciation and are comfortable with being a landlord, keeping it as a rental could work, especially if it's cash-flowing $300/month.

I'm in one of the cheapest building markets in the country which is Columbus Ohio and cheapest land and the problem is lack of new construction in our market on the multifamily side. zoning and land entitlement gaps are the largest problems

@Earl White rent control and relocation costs equals NOT landlord friendly in my opinion.

This is one of the easiest ways to dip your toes into real estate investing and get a feel for what it’s like to be a landlord.

Fast forward 2 years his landlord mentioned in passing he might sell the property; I was the first person on his mind.

Thankfully for us, we are seeing a lot more accidental landlords who aren't able to sell at the price they want and want to rent for a year or two until the market turns around. 

I hear a lot of landlords tout tenancy at will (m2m) because they think it will be easier to evict a tenant if things go south.  

Hey Andrew, I'm a land broker who sells land to both boutique builders and to the national merchant homebuilders. 

You can invest in single-family homes, multifamily properties, land, commercial buildings, and even tax liens, creating opportunities tailored to your investing goals.

They can identify potential investment opportunities... not to mention all the tenant/landlord laws, eviction process, security deposits, accounting, end of year tax statements etc. lots of pitfalls to be avoided.wish you success in your ventures!