Couldn’t I locate a cheap & vacant lot, form an LLC, and take out a massive business startup loan to purchase and develop the land and fund the up front cost of a property manager that will help make sure the building remains full of tenants?

Tons and tons and tons of new construction, and you are fighting massive quantities of discount hotels.

This new house has everything I wanted though, the old one was just ridiculous and I didn't need that massive place. 

There are many carriers that are taking on massive losses due to water damage claims (old cast iron pipes beyond life expectancy).

It was a move that has paid massive dividends.

.- The Compound Effect: great book that shows the power of small daily steps that can result in MASSIVE results over time.

Has anyone here paid for the Mastery course with Fortune Builders and had any success that they feel they wouldnt have gotten without the massive gamble?

So, in the name of full transparency, I am a complete novice to real estate development and have learned a massive amount about starting a business, real estate in general and a whole lot more about how cities/counties and government works in the world of zoning and planning.Over the last two years, I've gained some significant traction with several jurisdictions in terms of a tiny house community development and the triumphant return of the "missing middle".

I've seen people that think they have deals but then forget about something massive like property taxes.Good luck

It is not massive, but it is around 10 properties that I need things from time to time.