My husband and I would like to propose some creative financing options...potentially offering a lease-to-own style option?

I am paying him 1 million to build all those houses.. but keep in mind I do all the accounting and pay all the subs directly he acts more as a site supervisor .. but he also has a stellar reputation so we get a lot of milage when we say its a XXXX built home can put a price on that.However i have used this same model in Charleston SC for 600 to 2.5 mil homes ( built 40 homes) cant buy lots there anymore that make sense...

Additionally, and obviously, you will make less potential profits.To the OP: You will not be able to "grow" your portfolio at any substantial pace with this model.

This will drive how much you can borrow.Consider More Modest Options FirstWith $200k in investments to deploy, look at starting with 1-2 short-term rental properties first to gain experience before scaling up.Explore markets closer to your mom's current location that may have lower costs but still tourism appeal.This allows you to validate the model and your ability to operate short-term rentals successfully before risking more capital.The short-term rental concept could potentially work, but I would recommend starting with a smaller, very well-researched first step to validate the model before going all-in on a larger endeavor.

I'm better off buying more of a P.O.S. and hiring professionals to rehab it for me in a BRRRR style

Once you get your systems down, you have a real estate business model that you can take to any market and be still be successful.

Just not the flavor of investing that fits my style!  

We also did many calculations of income and expense models over time, based on usage.

Our concern was more about the model being changed from a 4/2 to a 3/2 plus a den.

The HOA/by laws will be your first insight into how restrictive these resort style communities are to keep up with the feel and look of the community.