Renting out lots on private land
I am hopefully going back to school as an adult student at UF and looking at buying land near Gainesville since paying for a rental lot for 4 - 6 years doesn't sound too appealing. I've looked at a fe...
Forum Discussion
FloridaFlyer86 wrote:
I am hopefully going back to school as an adult student at UF and looking at buying land near Gainesville since paying for a rental lot for 4 - 6 years doesn't sound too appealing. I've looked at a few different ways of making money off the land I buy and having a half dozen or so RV lots seems pretty high on the list, I really don't want to own and maintain a rental house or duplex. Does anyone have experience doing this? I'm wondering how many lots I can have without attracting the attention of the authorities, where I can advertise, etc. I'm assuming I could have a handful of lots and just advertise on craigslist and I could probably just get away with having the proper permits for the electric, water and sewer installations. I haven't made any organized calculations on economies of scale for putting those utilities in and may find it makes more sense to put more than 6 lots in if I have the room. Would I have to be concerned with how the land is zoned at some point? I would like to make this a legit business with a dedicated website and more advertising than just craigslist. Maybe have laundry facilities, etc, at some point.
Thoughts?
You don't want to attract the attention of the authorities but, you want a legit business?
You're probably going to attract attention quickly.
You're building a campground for RV's.
