That's why location is so key, to buy in GROWTH locations, areas either on the up-swing with years left to go OR who are so strong and established in their placement that the notion of a decline is a bit ridiculous a notion like say Beverly Hills, Hollywood Hills, these places that are a powerhouse attraction themselves. 

There are less expensive ways to change money and land properly.Now, if the land was $100,000 and had potential mineral rights (think oil, Texas tea, black gold, Beverly Hillbillies type of stuff baby) yeah, for sure, $3,500 is small potatoes.

---There Is a $1 Billion Property for Sale Atop Beverly HillsThe highest point in the 90210—a 157-acre, undeveloped lot—has sweeping, 360-degree views from Malibu to downtown Los Angeles and the San Gabriel Mountains.So large is the prized piece of real estate that all of Disneyland could fit within its confines and still have 57 acres to spare.

@Beverly Benitez A couple of things here:1.

I was previously with Keller Williams in Beverly Hills, but they require all members to be part of the Beverly Hills Realtors Association which has rather costly quarterly dues.

Hey @Trevor Newton, I've been house hacking since 2020 north of Boston, in Beverly.

I've been house hacking since 2020 in Beverly, Ma, and currently in my second duplex.

@Fabriel EbelConverting a multifamily apartment into condominiums in Beverly Hills is a detailed process that requires navigating city regulations and tenant protections.

Beverly Hills4.

Hi Daniel, I see you are out of Beverly, we are from the area.