What to do with inherited land in 29 Palms
My husband I are about to inherit just under 10 acres of undeveloped land, 6 minutes from downtown 29 Palms. It is zoned for single family residential and my understanding is that it has city water.
We have a few long term rentals in the Southern U.S. and are about to start our first short term rental in WA but, we have no experience with development. I have read the city's vacation rental policy so it seems that short term rentals with this location are not an option (correct me if I'm wrong).
What is the best course of action with this property in terms investment. Should we sell it as a whole? Split it into individual plots, if so how long does this process take in San Bernardino county? Should we develop it?
Anyone with experience in the area that could provide some advice would be greatly appreciated!