Lots of people own land as a corporation. Especially families and groups of friends. Its much easier to handle the ownership side when there is responsible parties. Living in a triangle of lakes, hunting, and farmland, its not at all uncommon to see even young people in their 20’s with an LLC just to buy land for duck hunting. With farmland from the Red River Valley nearby land buying has always been a good investment around here, it always goes up in value and can be easily rented. Lately alot of the lake purchases are done by people with LLCs in the cities and Chicago, and they rent out on VRBO and what not almost exclusively and rarely visit the property. Your probably right about the mineral concerns in Northern MN, that’s what happens when regulations are expected to be removed, mining becomes profitable again.