How could a wealthy land speculator make money in the Northwest territory?

A wealthy land speculator could make money in the Northwest Territory by purchasing large tracts of land at low prices during the initial sales by the government. They could then improve the land by developing infrastructure or subdividing it into smaller parcels, which could be sold at a higher price to settlers and farmers attracted to the area. Additionally, as the population grew and demand for land increased, the speculator could benefit from rising land values, leading to significant profits upon resale. Engaging in strategic marketing and leveraging connections with potential buyers could further enhance profitability.