Aeolus451 on 15 February 2018
What ya can do with the land depends on what the property is zoned for and local laws. Ya would have to look that stuff up to know for sure. Ya could likely build a house or another cabin if you wanted. If something like oil or a mineral deposit is found by some miracle, it's yours. Ya can also sell for more than ya paid for it. Those are the advantages rhat I can think of.
The main drawback to owning property is taxes. Could be low. Could be high. Depends on the value of the property. If you build anything on the property, it will increase the taxes on it.
You'll have to look into this stuff to know anything for sure which I recommend that you do.
