I’ve been exploring potential ways to utilize and develop the property, and a few ideas that have come to mind include creating a food truck community, a garden or dog park, or a space for outdoor recreational activities.I’m open to advice, creative suggestions, or even potential investment/partnership ideas — would love to hear your thoughts!

Add in no state income tax, low property taxes (that don’t reassess on sale), and easy access to year-round recreation and Lake Tahoe just 30 minutes away.Driving rents and appreciation is limited new construction starts, tight supply of buildable land (due to BLM, tribal land, and mountains), and strong demand from new industries.If you're curious about the numbers or want deeper insight into the Reno market, shoot me a PM — happy to share data and deal flow.

My brokerage does Agricultural land, Vacant Land and Recreational Land.

Not looking to recreate the wheel.

Where to LookTop towns for out-of-state STR buyers:Seaside — Portland’s easy beach escape, repeat guests, tight permit capsFlorence — Low entry cost, recreational hub, Eugene’s coast gatewayPacific City — Solid year-round demand, multiple zonesRockaway Beach — Budget-friendly, family-friendlyBandon — Golf capital + rugged luxury coastal staysBrookings — Tight permits, strong ROI, southern sunshineBonus picks: Bay City, Manzanita (short waitlist), Tillamook County, Mapleton, Lincoln CityBottom LineFor out-of-state investors, Oregon’s Coast might check every box: legal zoning, strong bookings, stable insurance, tax advantages, and real long-term upside — without the drama you’ll find in the big-name beach markets.

@James McGovern  he does not need to understand if the use is medicinal or recreational he just needs the tenant to respect the lease.   

Several inviting coastal towns such as Nehalem and Cloverdale and areas that offer a lot of recreational activities and a lot of value for the investment.

Well, Jimmy, John and myself were having lunch at a nearby restaurant and John Beck’s telling us about these “recreational” lots he’s bought for about$100 each at a tax sale.

I make about 50k a year and I'd like to recreate that with passive income. 

Sounds like you might want to recreate the Airbnb model here in Chicago.