I also think most markets won't see anywhere close 6% cap rates (for single family homes which is what I personally invest in).The questions you get to ask are then:Is the extra 4% worth the hassle of management and lack of liquidity.   

Obviously tough to give advice based on minimal info and no info on your personal situation.

I have personally wanted to build my home on this land for 10 years, as I've always been interested in this.Issue is, I've never done any work with residential development, only smaller land development, about 13 acres, and commercial, all on my own.With the residential development, I'm trying to get a sense of anyone in the space currently and what some ballpark costs might be for infrastructure and how that all works.

I found an auction person, and I see listings online.

Personally, I think I would stack some cash for a year or so while I did this. 

Most personal loans I have looked at have terms of 10 years or less.

I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…

I personally have been an investor in Chattanooga since 2021 and the market has shown tremendous growth and strength, and I'm super optimistic for the future.

But you don't find the same person you did back when.

He doesn't personally provide the coaching but it's done by his partners (Thomas Lorini in my case).