PEW Institute research has shown that the average return on investment for the senior housing/assisted living asset-class, substantially outperforms all others within the real estate sector.

Hwy 65 between Yuba City and Sacramento along with Hwy 99 between Yuba City and Roseville have become substantially more crowded during commute hours.

Also, public markets are so efficient that it is generally impossible for any individual operator like a REIT to generate substantial long-term returns over an index over a long period of time.On the other side is private real estate via syndications and crowdfunding (which includes Private REITs like Fundrise.

Find a builder willing to take title to the lot and build with a contract from you for periodic substantial earnest money payments. 

And so now, I am on the cusp of getting a substantial income tax return and am thinking of blowing it on goods, instead of putting it towards the next real estate purchase.

That is a loan tied to conditions.Additionally if you go under contract have substantial earnest money non-refundable such as in the tens of thousands for locking up a sellers property.

However, I think I can grow this substantially more through RE than I can by leaving it in the IRA.

I understand that having a devoted LLC for the land would be prudent, but I'm curious as to whether there would be tax advantages to keeping everything together as there will be substantial expenses going into the building of the home.Any advice would be so appreciated.  

In Chicago, if you do a substantial renovation, you have to replace the water line connecting to the street. 

If you can buy cash, originate owner financing, and place it with a loan servicer like BIFI, you can sell the note with substantial returns.