Another thing to consider is if you like privacy or having other people around.
If it's just land like others have said you have have to deal with water sewer electric trash and property taxes.
I have a seasonal up North and for what it would cost to run power put in septic and drill a well and I could rent for the rest of my life a lot cheaper and not have to deal with maintaining property. I also enjoy having other people around especially if there is a medical problems.
It all boils down to personal choice and what works best for you.