And google it and get a copy so your not recreating the wheel its got great language etc right in the doc.

I choose to do use on buildable recreational land as opposed to infill lots or agricultural land.

The locals are not going to pay 50k when you are buying the same asset rehabbing and are all in at 35k.. they will just recreate what you are doing.... this is what many just don't understand in that asset class. its not about how to structure this its about the product your buying and the risk if this melts down is a pretty big wipe out for your investors.

To put this in sports terms you don't have to be a pro player to be a really good recreational player that is the best in your area. 

So he “sold” his existing business (leases and furniture) to other arbitragers to cover his expenses, shifted his furniture to several newly rented units and spent several months re-creating his business using HomeAway/VRBO, Facebook, etc.

The STR Market in Apple Valley is not your typical STR market, as this is just an average suburban community with no major tourist appeal. we have a smattering of lakes that could potentially be a vacation draw, however none of the lakes are typically considered recreational lakes.

Combined Daimler and Corning make up 3.6% of the cities taxable assessed value. 2015 2016 2017 2018 population (2010 census 71,741) 72947 73698 75536 75919 gastonia unemployment rate 6.70% 5.50% 4.40% 4.50% ad valorum taxes $29,294,143 $29,055,453 $30,120,248 $31,108,141 general governance expenditures $7,652,922 $8,432,653 $8,611,305 $8,769,056 public saftey expenditures $26,258,338 $27,929,197 $29,290,869 $30,058,429 Public Works expenditures $5,449,447 $5,497,190 $5,828,965 $5,667,571 Cultural and recreation expenditures $5,382,186 $5,467,201 $5,545,275 $5,947,833 Economic Development $95,379 $379,185 $336,563 $406,586 property tax values $29,097,588 $28,876,336 $29,966,989 $30,959,917 I would also refer those interested to the bureau of labor statistics, which has a wealth of data on the labor market. 

====Also, how do you not notice an unacceptable neighborhood up front--you could always go shop and recreate in your old neighborhood and avoid public places in the new neighborhood.Good Luck!

I will acknowledge that the value of the friendships and networks created from going to college is hard to recreate without that environment.

I spent an entire year trying to BRRRR a rental and I couldn't recreate the returns I was getting while putting significant work in.