You won't get off the ground with $20,000, and you should wait the 4 years until you have a proper amount

Flood Zone 3 years minimum before you break ground for new construction.

It will be difficult to get financing as a first-time builder already, and even more difficult when trying to do a ground-up build in a rural market like the Smokey Mountains.

We do a ton of ground-up spec construction.

Jane - Great questions.Regarding the U - They recently broke ground for another new building - I think they will be around for awhile.

Yes, there are good returns for STR in orlando, but you'll need to listen to those on-the-ground and active in Orlando.

.- Starting properties from the ground up with our expertise in what is needed for a rental to last and run smoothly, from simple furnishing to complete remodels/renovations.- Running properties as the businesses they are meant to be.

After having your own experience, you'll know what to look out for in a Management company, and I can say this from experiencing first hand.I would connect with other investors that are from Arizona, you can sign a joint venture agreement with them, giving them either a percentage of your rental income or equity, and they will be your boots on the ground. 

Why not put them on the ground?!?!?! 

Exterior/Interior Paint, fixtures, etc.These buildings were constructed in the 1960s with steel pipes and much of the plumbing has been replaced as needed including new supply lines in the ground and new sewer pipes under the slabs.Ongoing maintenance costs have been pretty consistently high on this project, but the rise in rent over the holding time has been a saving grace.