I like the leverage of land but obviously cash-flow is an issue in this style of investing.I saw that the recreational values offered by locations close to ski resorts will be growing as people retire.

I won't pay an extra TEN CENTS for coffee.This after spending about $2K for a week of skiing!

I have found several resorts for sale in the price range of 400k-1mil.

From there the sky's the limit.As for paint and carpet, the reason I say that is because paint, carpet, and lino would cover like 95% of the whole house.

I stayed at a resort that was 'everything included' which meant free booze, free food, and a lot of good fun.

You only lease option if the market is so utterly bad that you can't sell, so you have to resort to finding people who don't have money.

Within 2 years they are opening up the highway and it will make my land a 15 minute drive to two Major Ski resorts.

I never thought of it much of an investors place(besides the outter banks) strictly because I didn't think there was much in the way to draw people out that way.I think its a couple hours from a major airport and its a couple hours away from the pharma/tech triangle down there.I'll go with a couple vacation rental homes in on Panama beach and open up a watersports rental place(jet skis, kayaks, caneos, boogie boards).

I have been searching for a contact to get involved in the Butler County, OH group, and this is my second-to-last resort.

Then in order to maintain a really high "star" rating in a destination resort you'll put more into remodeling and updating than you ever would a "typical" rental.I have two friends that own(ed) places in Vail.