This conversation explores the concept of group tiny house land purchase as a means to achieve affordable tiny house living, focusing on a specific property in Vernon, Florida. Here's a breakdown of the key points: ● The Property: The conversation revolves around a 73-acre lakeside property located at 3199 Pate Pond Road in Vernon, Florida. This property features: ○ Live oak and cypress trees. ○ Serene waterfront views. ○ Approximately 3,350 feet of water frontage. ○ Areas cleared and mulched, ready for home construction. ○ A total price of $350,000. ● Group Land Investing: The conversation highlights the advantages of group land investing, where multiple individuals pool their resources to purchase a property. This approach offers several benefits: ○ Affordability: By splitting the costs, individuals can afford larger properties or reduce their individual financial burden. For the Vernon property, the down payment per person could be as low as $2,800 with 25 investors. ○ Risk and Maintenance Sharing: Costs and responsibilities are distributed among the group, mitigating individual risk. ○ Community Building: Group ownership fosters a sense of community and shared purpose. ○ Income Potential: Portions of the land could be rented out, generating income for the investors. ○ Bargaining Power: A group can negotiate better deals for services and materials. ○ Knowledge Pooling: Investors can benefit from each other's expertise and experience. ● Financial Analysis: The conversation provides a financial breakdown of the shared ownership model for the Vernon property, considering different numbers of investors. The analysis reveals significant cost reductions per investor, especially with a larger group. The optimal number of investors for this property appears to be 25, resulting in the most substantial cost reduction. ● Call to Action: The conversation encourages individuals interested in affordable tiny house living to consider the shared ownership model and connect with like-minded individuals to explore this opportunity further. It emphasizes that the Vernon property represents not just land but a vision of community, sustainability, and the potential of the tiny house movement.