This despite article upon article of impending supply doom!

Landfills make me think: odor, smoke, noise, bugs, and water supply contamination.Construction on top of landfill: additional costs, abnormal settling, off gassing, heavy metals, and surface leaching if a capping fails.

Urbanization trends, population growth, and the desire for homeownership contribute to a demand that far outstrips supply in many areas.Government Policies as Market StabilizersGovernment interventions have played a pivotal role in stabilizing the housing market.

At the end of the day supply vs demand is the more important factor to consider.

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.

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

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. 

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.