SOLD! Port Charlotte, Florida

I just bought a block of land in Port Charlotte! Wow - this will be a gift to my daughter, if it turns out nicely in 10 years - 21st birthday - hopefully it will be worth a few extra dollars then.

Here's what I checked for: utilities, established area, schools, shopping, medical, low crime rate, access to larger centres, roads, airports, etc.

This block has no HOA/POA fees, so we can sit on it for a long time, without it hitting our pocket.

Section 8 Housing in the USA

Here's something that you might consider if you're buying to rent out. Section 8 is like our Housing Commission in Australia. Basically, people who qualify for Section 8 housing (low income families) can rent a property and the rental income is guaranteed by the government.

Check it out at http://www.gosection8.com/

Land - don't get caught with useless plots that aren't buildable!

Assessor Parcels vs buildable lots

The Assessor creates Assessor Parcels for assessment and taxation purposes. These may not be legal, buildable lots. You should always check with the county or city planning departments to verify whether or not a particular Assessor Parcel constitutes a buildable lot.