That is a god idea also,but in my clime how we invest in property is quite different,but i would like a situation where i buy and do some little renovation and then lease it out to client andbe getting my returns from my investment.
That is true about land because the value does not depriciate.Once one have the landed property,you can even decide to use it for agriculture or lease it out depending on where the land is located,and be getting your returns.In terms of real estate properties, I will prefer to buy land first before any other thing should come because land is fixed and the cost increase day by day. With the land first before you start the building, you can run your small farming in the land first and benefits something.