Plenty of people out there have the money for deals, but the lack the time and energy to FIND them.

"by the dashboard light" - not so strong an indication - why? 

This lowers the energy bill for the tenant as they will use the window a/c units much less.Since it’s near the lake, it gets pretty humid and stuffy and air circulation is a tremendous help.It’s also much quieter, which is good as that area is relatively peaceful. 

That might light a fire under someone. 

3-$12k for a reno is very light are you confident in that number?

Step #PhaseStep1DiscoveryTalk to experts and learn (process, tips, design tips)2DiscoveryCreate social media and document story3DiscoveryGeneral research - budget considerations, financing options, permits, regulations, tax considerations4DiscoveryMarket research - competitor analysis, analyze guest reviews, market trends5DiscoveryGather ideas/inspo (blogs, articles, youtube)6DefineCreate brand and vision7DefineCreate guest requirements (e.g. coffee maker, natural light, near activities, etc.) and prioritize must have, nice to have, etc.8DefineSketch idea for look and feel (architecture and design) - map out the floor layout9DefineConsult an architect (is this needed?)

I hope it also sheds a light on some of the challenges faced in real estate.

I would take that money and do one of a few things with it:1-Look for a JV partner to do a larger deal with2-Keep learning about the market and investing as a whole and sit on the money until you have enough education to leverage it3-Use the money to set up your real estate business and buy leads & marketing betting on yourself may be the best of the optionsAlso tread lightly around the leave NJ advice places like OH, Baltimore, even parts of South Jersey can be money pits where ripping off out of towers is a cottage industry.

This will become the largest chip manufacturer in the world. 2.Honda/LG Energy Investment in Jeffersonville - Honda & LG are partnering up together to invest $4.5B in a new EV battery plant in Jeffersonville.

I hope it also sheds a light on some of the challenges faced in real estate.