What do you think----is it a good invesment? Our DD lives in Virginia and is 27. She ask us to go check out a parcel of land near us here in Wis, that she found for sale by way of her computer. 40 acres ----- just across the gravel road is a nice river and next to that is the Chewamaquon National forest. 30 acres is tillable and will be rented out to a neighboring farmer---the other 10 acres is rough woods and marsh. She bought it---sight unseen, based on what her dad and I told her------ When her DH retires from the Marines in another 10 years---they may build there...........or they may not.............. Either way-----we think she made a very good investment and we are PROUD of her.
You can't go wrong with land. The 40 acres dh and I bought on a contract for deed 10 years ago is worth five times as much today. And we never dreamed we'd live on it, but here we are! Sounds like your daughter is a very smart person.
I think she made a hood decision as well. Your right you can't wrong with a property investment. Plus it also show she respects and listens to your advice. You raised her well.