I’m particularly interested in learning about the advantages and challenges of investing in Oakhurst, Mariposa, Yosemite West, or other nearby towns.Thanks for sharing your insights!

Quote from @Chris Pontello: Hi Chris,Correct me if I'm wrong as I'm still learning creative financing solutions, but paying them some money would be if I could take over the loan.

Lessons Learned: What's one thing you wish you knew before starting?

Start connecting with local investors or attend meetups. it’s one of the best ways to learn and get insight.

We use Hiscox for our insurance with our business, not sure if it works for property but its worth a try. 

I will be sure to increase my rice in the future!

1st step is to make sure that the electricity is rated for having electric heat by the electric company.

What you can learn from this and show them can set them up for life.  

If you are new, be sure you can raise the funds before proceeding.In my opinion, you are going to have a hard time raising money with a 6% pref and 70% of the profits after that unless you have a lot of newbie investors in your Rolodex. 

Yes, valuable lesson learned.