A Lot only property may not be a popular real estate investment but it is a desirable undertaking. When you need to diversify your money into real estate and already have a primary home, investing in lot only properties make sense. Luxury lot properties, for example, are located in prime locations and situated in developed communities that are primed to thrive. If you are the type of buyer who wanted to actually see and touch your properties, owning land is an added bonus. Moreover, because they are great long-term investments, lot only properties are great financial leverage for people who wants to foray into other real estate investments.