Thirdly, financing and potentially selling later on could be challenging again with the part of the plan being on a campground. 

Then there are the challenges with Section 8 tenants paying utilities and taking care of their rental property.

You have to be willing to not give up when things get difficult, or don't go as planned.  2.This journey is worth it.

They were thinking of planning another one that required massive loans (7 figures). 

We are just starting to research and plan for a move out to the southeast somewhere, still in early planning phase. 

@Andrea Lucarelli - We are converting our planned airbnb into a mid-term rental here in Chicago because it got denied by the city because supposedly its in a "planned development area". 

The politicians don’t really care the negative outcomes and just want the votes.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.

U have to understand the mind set of many people in these markets THEY PREFER to rent they dont want to own.. its not like someone on the Coasts in high priced markets where they have seen folk get wealthy just owning a few homes. and your not adding in Property tax and maintenance.. folks that are/were renters just dont have the same mind set when it comes to taking care of the property or the cash to do so.But until you try it and actually talk with those in the market there is no way of knowing that many of these folks simply prefer to be renters..

Also is there a plan to replace the HML after a particular point?