I think you would do very well with the MTR model in L-ville/Kentucky.

Two quick thoughts is partnership, equity style.

You can make a profit in any market, you just have to adjust your investing style to the market :)  You got this.

We have shifted our business model slightly to match up with our expected returns.  

Hahaha... love your writing style. 

I'm a software developer and very good with a spreadsheet and all, but I'm wondering if I could secure an experienced lender who not only can lend, but also provide advice on a deal like this from having financed similar situations before.Pointers to financial calculators for such an endevour and hotel/motel renovation-style lenders & contacts appreciated.Thanks,Matthew

I had heard as you described about if in same vicinity, if the homes were significantly different life styles that you could get 2nd home loan.I live in inland north county San Diego (Poway) and wanted a 2nd home loan for a San Diego beach property (mission Beach).

This depends on what model that you go down.

Did it end up being a profitable model?

Could buy model homes in new subdivisions.