A friend in northwest Arkansas sent me this when I asked him if knew of any rental properties for sale near Rogers, Arkansas. I was not expecting this. I have not bought my first rental property. The owner suggested building 8 more 1000 square foot cabins on the property. I have yet to ask about permits. This is just an idea in the making.

It has two 1 bedroom cabins and one 3 bedrooms 2750 square foot home on the property. Tenants all work for Tyson Chicken in Noel, MO. Low wage earners, thus he insists on weekly rent. The owner has his farm hand collect rent every week from each tenant. People on BP have advised me to be creative in thinking. This is the raw deal sent to me. I included the napkin analysis from the owner.

Excellent Business Opportunity for cabin rentals in Canoe Country, Noel, in south west Missouri.This beautiful area is canoe country with other popular outfits like Gracie's Canoe Camp, Kozy Kamp and Lazy Days.
2 acres called Red Top, located off Highway 59, backs up to Butler Creek. Picturesque, natural ideal setting.
House, 3 bedroom / 2 bath, 2,750 sq ft with new flooring, the tenant has been living there for 2 years paying $260 per week and making improvements like new flooring. (No pictures of the interior.)
2 cabins, just 10 steps from Butler Creek.
Both are 1 bedroom cabins 34' x 28', 952 sq ft. Built-in 2015 and 2017. Insulated. Sleeps 4 - 6.
More room for 8 - 10 more cabins.
Sewer and electrical in place.
Each cabin will rent for $250 a week for long term rental or $225 a night, furnished, depending on the season.
1
Presently bringing in $780 a week.
2015 property was producing $140K a year.
For $8K to $10K building expenses per cabin, the investment will pay off quickly.
Popular outdoor getaway area with lots of canoeing, kayaking, fishing, hunting and hiking.
Owner bought land in 2011.
Well house built, but cabins use city water and city sewer.
Great business potential in an ideal setting.
Owner financing for qualified, serious buyers.(It's bringing in more than that presently. Paid off in 4 years. Great opportunity. I can arrange an appointment with the owner if you would like. He can explain it great. Others are interested. Great ROI.