Land deal

[Siva A.]

Hello,

My name is Siva. I am very new to REI and looking forward to learn from you guys and this is my first question.

I found a deal online that 1.9 Acre commercial land next to local highway in florida. What are the cons in buying and holding a commercial land and hoping that some day a retailer or builder will lease it ?

I have full-time job and family with young kids. My hands are full. So, I narrowed down my REI choices to raw land and multi family homes. My main intention in buying land is that hoping I get great returns in the future and it requires less management. However, I have feeling that it may not be that simple. I really appreciate your insights and advice on this matter.

Thanks,