There are several reasons for that including but not limited to, landlord friendliness, lower prices, population growth projection, positive job growth rates, lower crime rates, 1% rule, to name a few.

Be sure to consult a real estate CPA that is familiar with the process and knows how to properly deal with sub2's / land trust type deals like yours.

🤔💡**Access to Cash Value**Why limit yourself to banks, savings withdrawals, or retirement account loans when you can use your policy's cash value to fund diverse deals like fix-and-flips, rental properties, commercial ventures, land development, and REITs?

The purchase price is listed at $285K and that includes ownership of the land, laundromat, and shop. 

I plan to flip my first property this year whether it be a mobile home, single family home or land.

@Benjamin Greiner just commented on another post about a tenant threatening to sue over mold issues - that tenant neglect caused.We told the landlord their lease should have had provisions in it to hold the tenant accountable for the damages.Standard leases only cover the basics, so you should Google all the leases you can for ideas to take to an attorney to include.

https://www.biggerpockets.com/blog/the-silent-war-on-tenant-...The Silent War on Landlords That No One Is Talking AboutIt’s no secret that legislation regarding tenant screening is becoming more and more restrictive.

College rentals work in both, but not always a great option for a first-time landlord. 450k can get you a small multi or you could row house or similar for less and practice as a landlord

This would require a land use attorney as every jurisdiction is very different.

What if your example for $500k property split was $350k building & $150k land?