This is probably something to strongly pursue, with some warnings:Hey guys,
I found some land for a decent price and in a conservative town about 40 min from where I work. I have never bought land before and I'm seriously inexperienced in the subject. Any advice for an up and coming landowner?
1. 40 minutes is a long commute, and I wouldn't be surprised if it is longer during morning and evening rush hours. I have had commutes like this a number of times, and it is a real drain on your life.
2. Building a house on new land is a big project, and cost overruns are common. Make sure you have a well thought out plan to get the house built, and account for all the costs involved, like permitting fees, well, sewer, driveway, landscaping, furnishing the house after it's built, etc. Start your planning with something cheaper than you think you can afford. Leave yourself some room to spare for cost overruns. Don't put yourself in the position of having your budget stretched to the max to afford your house. The stress of an out-of-control construction project is a killer. However, if things are setup so you can afford to do it right and have funds to cover everything, then it can go smoothly and quickly.
On the positive side, if you can get a home and land in a conservative town now, you will probably be way ahead in quality of life for years to come, and your home will probably appreciate a lot over time.