Grandpa is giving me valuable family land that I can’t sell. What’s the smartest financial move? My grandpa is planning on giving me one of his old lots , For full disclosure he still has not given it but has announced it in the family and we will attend the lawyer next week . The lot is located in the most sought after neighborhood in my small town , there is very high demand in a way that any lot practically sells in less than a month in the neighborhood and there is not much anymore. Now the main issue is that I cannot sell it , my family believes in giving land lots to build personal houses as a family tradition, this specific land lot has been in the family for over 50 years just preserved to be given. I was thinking of building a 3 stories building apartments and getting the top one for myself while leasing the other two . For more context: \- Land lot worth around $1M by market value \- lot is 500m\^3 (parking for 2 cars exist in addition to it ) \- I’m not American / this is not in the us .…