Just would like to know would this be smart on my behalf(liability)protection wise? 

Please feel free to skip the details and someone may be able to answer my direct question at the bottom of the post. 

I am pursuing my goal to be a land investor, and so far I feel good about having bought a number of lots at a good price.

@Graham Lemly what a great situation to be in.

Any feedback will greatly be appreciated.

Each state can be a little different so the details matter. https://www.omglawfirm.com/arkansas-probate-intestate-succes...Here is the pertinent excerpt:If you don’t have a Will, the default order of descent goes like this: (1) full blood and adopted children of the decedent, subject to any dower, curtesy, and homestead interest of a spouse; (2) if no full blood or adopted children, then everything to a spouse of greater than three years or half of everything plus dower, curtesy, and homestead to a spouse of less than three years and the other half of everything to other heirs (per this table); (3) to the decedent’s parents or surviving siblings; (4) to the decedent’s grandparents or surviving aunts, uncles, cousins, etc.; (5) to the decedent’s great-grandparents or surviving great aunts, great uncles, etc.; (6) if none of those intermediate descendents are alive the remaining half can go to the spouse of less than three years or to a predeceased spouse’s heirs; (7) finally, if none of these apply, all the property escheats to the county where the decedent died.

What constitutes a good location in Kansas would be totally different then NYC.We can assume, a locations proximity to TRAFFIC, either pass by or generated by location would be key.

However, with Mexican food being popular in inflationary times due to its perceived value, Darden believes Chuy's can grow sustainably without needing to become a full-blown national chain.

Would be much appreciated.  

They made some money, and paid off a CC or took their family on a well-deserved vacation.