I'd guess he is the front man for a group of silent investors. They could be betting there are a few jackpot properties in that haystack, enough to cover costs. Find those, then unload the rest of the parcels for whatever they will fetch and hopefully end up with a profit.
It's risky as there has to be a lot of liability and violations attached to what they acquire. How does one even begin to secure a scattered empire like that?
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