I dont lose the investment, but obviously 150k in a tax free account is way more valuable than 150k regular money.All of this to go after 500 accounts that have more than 5 million in them.   

My agent created an MLS portal and I reviewed it regularly until this one came up.

My agent created an MLS portal and I reviewed it regularly until this one came up.

Bonus depreciation, transferring regular expenses to business expenses and relying on repairs more than capital improvements are good strategies. 

Repairs and other service work should be done during regular business hours.

I have them do elevation changes, site plans, and landscape plans regularly.

A Solo 401K avoid this tax.In non-Roth retirement accounts, you will move what would have been Cap Gain to regular income in the future when you distribute (RMDs!). 

However, then you will need to look at whether or not just receiving lot rent will produce the ROI you need. 

How does it differ from wholesaling regular properties?

Rul. 82-61, 1982-1 C.B. 13 ( in the ruling, In addition, the participants in the organization must own the property as coowners, either in fee or under lease or other form of contract granting exclusive operating rights, and the participants must reserve the right separately to take the property produced in kind or dispose of their shares but may not jointly sell the property produced.