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Hi Rene,I have received four quotes so far:First Quote: $90,000 ($273/sq ft) or $100,000 ($303/sq ft) as mentioned in the initial posting.Second Quote: $92,000Third Quote: $158,290 (Including Interior Design)Fourth Quote: $140,000 - $150,000I plan to go with the first quote/contractor, as they've previously done renovations in the house, and I appreciate both their communication and work quality.

BUT, to accelerate wealth building the investor needs to be open to strategies, tactics, investment types OUTSIDE their “comfort zone”.  

My quintessential mountain cabin will include comfortable leather furnishings, wood for the fireplace, big coffee mugs, plaid window treatments and/or bedding, extra blankets, and taxidermy hangings.  

From what I understand, it's designed to replace a traditional security deposit.

This will vary property by property and area by area, but in area not only do you have all the city/county level planning: access, traffic counts, density requirements, unit counts for school districts, sewer capacity, etc, but you also have neighborhood councils which will have additional level of say in final design, scale, unit counts, uses, etc.  

I am preferential to medium/long term rentals so my exit strategy would not be applicable for many years.I make a comfortable living and have a surplus of money saved up but don't want to liquidate my entire savings accounts so I can get just one singular 200K property that may cash flow for a couple hundred bucks over the next few years.Am I missing something or being overly cautious?

You mention you have no experience in these types of parks and your first deal you want to take down 100.When I was working for a GC we did a condo project for a developer who never developed a building before and he sold his company (it company) and used the entire amount to develop real estate.He ended going bankrupt because his inexperience with his experience and his designers and every mistake they made was multiplied by 150 since that is how many units there were.

There are so many different opinions and mine is just another one of them, so take it or leave it, the beauty of it all is you can do what you are comfortable with and what will work for you!

Mitch - A Good Strategy however; Can an ENTITY (your corporation) be designated as AIF - Attorney in Fact for INDIVIDUAL borrowers who's loan is being paid off?