I'm looking for Land in the Florida area. I was told by a friend who bought
and sold land and made double his money in Pt. St Lucie that Ocala was a
good investment too. However, I'm looking to buy land to hold, then build on
in the next 5 years for a vacation home. Ocala sounds like a place I'd like
to be. So, I go out to the realtor.com and new home websites and find land
for $15,000 to $40,000. What's the deal here? It sounds too cheap to be real
in today's hot market. What could the "strings attached" be here?