Pretty hands off other than supplying the financing and making sure the land is a good buy? 

Add up expenses from Day 1 of the build and see how long it would take to recoup that dollar amount with your projected NET profit - meaning after all expenses.... ie you charge $150 a night but after cleaning/supplies/ fees, you make a net $80.

You have a different level of support, have to pay for all of your supplies/marketing, and generally have to figure it out yourself.

Constricted supply of housing will continue to drive rents and appreciation. 4th lowest property taxes in the US, no state income tax, and landlord friendly laws. 

Buying supplies was easy, but I needed to turn some of the credit into cash.

You could also look at interest rates and monetary supply, interest rates probably are not going anywhere until monetary supply comes down - but in speaking with some banks they are losing money month over month on deposits which really hurts banks.So a lot of moving parts in the economy, all I will say is people need to understand what happens if things get better or get worse.

Market supply remains healthy, hovering around 1.5 months of supply if no additional inventory was added.

You can see this as Market Supply matches a similar trend to Listing Inventory, indicating that the buyer’s remain constant despite the lack of inventory and fluctuation of pricing.

Building is geographically constricted tightening supply. 

Pay for materials yourself if they ask for money for supplies.