We act as your 'boots on the ground" for every deal we work on.  

Or we take that equity and use some of it for private lending at 15% or so which is even better (although I am not sure how to get that business off the ground just yet). 

I think one angle to consider is instead of learning how to manage, learn how to own and then adapt that to become a co-host.Something like owners work/hire you to pick up slack in regards to being a "on the ground" person to handle problems.

I'd be happy to walk through your analysis a bit more and provide some on the ground insight on your findings.

This would probably help since the next one I build I could immediately put for sale and do a short term rental while it sells.I have many years of construction experience and have also done a fix and flip, in addition to building ground up construction, as well as 10 years of entrepreneurial experience running a paddle board rental company... i have a BS in Physics from Georgia Tech , a PhD in Theoretical Chemistry from UT Austin, and did Postdoctoral research using Computational Engineering where I designed, manufactured, and tested a shock mitigating metamaterial...

If not in the city, and not in the ETJ, then it's a lot easier, provided you can get water (probably need to drill water wells so thats a separate ground water district) and sanitation (some sort of onsite sewage treatment).

Things like septic pumps burning out, steam room dying, guests catching the grill on fire and leaving burn marks on the hardi siding, emergency bug treatment, above ground pool which is ridiculously hard to manage in our heat & having no time to deal with it if it starts to go, laundry & drying time for all the towels and linens, etc, etc.There are plenty of things we can and will get better at, but I'm prioritizing the stress level of my people as well as the very near disasters we've narrowly avoided, over the little bit of extra revenue we'd generate.

If you personally guarantee a loan in the LLC's name its grounds for piercing? 

Be very interested to connect with those of you who have feet on the ground in this area to discuss where I should be looking.

I just left the role of President of a mortgage division of a bank that I build from the ground up.