Starting a Small Development Company

[Vincent Pirrone]

Hello!

I am excited to finally have enough cash to start a small development company. The idea is to buy a piece of land (0.5 - 1ac), build a unique small house (500 - 1500sqft), then sell the property, and repeat! I want to do the whole transaction and build in cash.

I am looking at doing this in a small mountain town in Colorado that has a lot of natural wonders and a growing tourist market. These small houses will be great for people wanting to rent it out as a short term rental!

Is anyone else doing this? Do you have any tips or advice?