In other words, we are going with something that won't cash flow positive and we're okay with it.There are definitely cabins that will cash flow positive, especially if you get something smaller that is likely under $300K.

I would add that you should definitely checkout some local real estate meetups as that's the best way to quickly build a buyer's list. 

Based on location and some rough math, he's definitely looking for market value (stabilized asset) vs the current condition.

Definitely changes the analysis! 

Hi Reeves,Experience in project management/construction and financing are definitely two key components.

Definitely be sure to check the meetups section on BP to attend some networking in the area 

I will definitely be reaching out to you for more info. 

Quote from @Timothy Franklin: Thanks Patrick, I will definitely check out the meetups, but I suspected there would be a history requirement but I know everyone's journey is a bit different.  

I haven’t loaned any money out and not sure if I will, but definitely believe it is a great way to make money.  

I know this is an old post, but I’m wondering how it turned out.