Plus it is on the canal with a nice dock and room for a boat. 

But, they are treasures to them so whatever floats their boat.

For example, you can invest in real estate in any state orcountry, raw land, rental and commercial properties, condos, mobile homes, boat slips,machinery, livestock, start a new business, buy mortgage notes, loan money earning interest, taxliens and tax deeds, joint ventures, LLCs, mortgages, franchises, and more.All of these have to be handled strictly as investments through a company that specializes inself-directed IRAs and cannot be used personally, which means that anything bought with yourIRA is owned by your IRA, not by you personally.

But this post is already over-longA Socal developer I worked for many many moons ago ( was the broker on one of his developments in Northern CA)  And he we a mentor of sorts he was a pioneer in the Jet boat drive industry back in the day sold that company for many millions and then went into RE development etc etc.

Adding some more information, in case anyone is in the same boat. 

If I ever give money to a seller for any Equity, I get something in return, maybe it's paying it on a note over time, a lawn mower, car or boat, jetski or whatever I can turn into cash, I limit my cash out of pocket.As with any Real Estate Investing (or any other business), knowledge is the key, when I decided I wanted to be a Real Estate Investor I knew I needed to get educated, I bought a ton of books (and read them!!!)

They were in debt for their cars, boats, houses, etc and had very little wealth / net worth. 

I asked him about asbestos and bottom line, he said that if you worked in the ship yards and fireproofed the inside of boats for 40 years or if you worked in the asbestos mines you could well run into a problem.

The exception is some items that require documentation in itself such as transferring stocks & bonds, royalty, land, car, or boat for proof of ownership.

Do boat RV and cargo container storage.