My partner’s and I are evaluating additional markets (in addition to the Smokies) to developing raw land to build 5-12 cabins (650-1200 sq. ft.) as short-term rentals. One market we’re currently looking at is around Yellowstone National Park.
We would love to speak with someone who has experience in development around Yellowstone and I’d love to take you out to lunch or dinner this weekend and pick your brain (7/30 through 8/1/2022).
In addition, does anyone experienced in the area have any recommendations on the following:
1. A real estate agent who has experience in short term rental investing and/or property development in the market around Yellowstone: Bozeman, Gardiner, West Yellowstone, or even south towards Jackson
2. A professional civil engineer for land planning/due diligence including issues surrounding septic permitting/installation.
3. General contractors in the area who I can contact for bids regarding costs and timeline for construction.
4. Local banks/portfolio lenders specializing in constructions loans.
Any thoughts on a realistic timeline from identifying a plot of land to due diligence, permitting, subdivision, and construction in this area (e.g. 2 years, 3 years, ect.)?
Thank you everyone in advance for your time, any advice is invaluable!