Quote from @Katie Camargo: @Nicholas L. and @Jay Hurst - thank you both!

I never looked at the raw land offerings.  

Get a DBA and use to open a business bank account.Have your properties "hire" the DBA to manage your rentals and collect rents.Most states require a lease to identify the owner of a leased property, whether a person, trust, LLC, IRA, etc.Landlord = Lord of the Land = Owner per deedAgent = someone legally representing the ownerProperty Manager = Agent

Historically I have flipped houses, rented homes and sold on land contract. 

@Patrick Desjardins  what happens if you don't like the one they substitute for the one that went pear shaped.. and do they continue to pay you interest while they sort it out...

I'll update the postProperty value is $125k  means % return for the investor a Savvy land note buyer will want a 20 to 30% apr return on land only notes. 

With local rents around $1,500, you’d likely cash flow after covering expenses, and you’ll keep building equity in a property that’s already in great shape.

Quote from @Account Closed: Hey guys,I have no experience but after looking at all my options I have come to a conclusion that my best move is to buy land and develop multi-family apartment building (15-20 unit) 2 story somewhere between Miami Jupiter.Budget for everything 3MDone with cash + 6% line of creditLooking for long term holdI would love to hear any insight on what areas I should look at, ballpark of build price (hard costs and soft costs) and would love to network with anyone in the area on this.ThanksIf you're looking to develop a 15-20 unit multifamily building with a $3M budget between Miami and Jupiter, there are a few key things to consider:Land Budget: Aim to keep land costs around 10% of your total budget.

Would you be able to give for information.Some question I might ask: Can you get access to the land or is it surrounded by other people property?

I am glad you landed in a safe location at least temporarily.