He walked away from his business letting his best friend take it over.  

@Will Jones, we are in the process of putting an offer on a piece of land in where we will build a building for one of my businesses and then lease out the rest of the space.  

Golf course is a tough business with dwindling  play .. think the rise of Top golf and pickle ball.. :)Also if you look at federal forest ownership maps you will see that Huge areas are checker boarded with private ownership .

Michael,   A good book to purchase is "Professional Real Estate Development: The ULI guide to Business.   

Nowadays many vacation homes are priced as STR businesses with profits baked into the price (with future guests expecting instagram furnishings).  

For us we all typically use 0% business credit cards to furnish the property which can amount to $40-$60k+ depending on how crazy you go. 

Quote from @Hermes Kanaris: I appreciate all the replys guys, everything i read on here is so helpful since im new to this business.

It's just old school working capital management that most businesses have been using for 100+ years.

Consider petitioning your GP to stop their side business of disseminating long-form life, parenting, and fitness advice on Twitter and focus on salvaging what can be salvaged of the current portfolio.If you are considering buying: Squirm a little longer.

I don't butt into his business and we keep a professional, yet friendly relationship.