To make sure it's legal, I would dive deep into the zoning/code regulations and try to connect with someone in your area who is doing something similar.

You seem to have a lot of DRIVE AND THE ABILITY TO GET THINGS DONE.

I've run the numbers on homes in our price range within a 3hr drive radius of our zip and they just don't make sense as rental units.I'm fluent in Spanish so other than the financing problem maintaining a rental in Costa Rica vs another market in the USA that requires a flight is fairly comparable from my perspective.Its funny because buying a sub 70k house anywhere in the US would be so easy for us.

NNN 20 years + investor and broker.Usable dirt it sits on size ( 1/2 acre ok, 3/4 acre good, 1acre plus best ) and parcel shape (most of it road frontage for land or is it narrow and deep?

I find the cap rates for these to be very compressed on the West coast.. and can be very high out in the mid west deep south..

The basic membership is an easy way to test drive the organization for not much cash. 

I’ve been waffling over vacation destinations, being just one season and Uni’s with football teams, have been deep dive researching this for a couple of months and keep chasing different cities.

Then if in X years the mortgage rates go back up to 5 or 6% it will drive down the property prices because suddenly people can't afford as much house because the rates are no longer 1% like now.

I’ve frequently been driving for dollars scoping out this size range.

@Scott Trench I agree that rental laws favoring tenants drive out investors which in turn creates scarcity relative to the absence of those laws which in turn drives up rents.