This is the most peace I have had in years. 

I don't see similar features in existing cabins and my gut tells me that it might be nice draw when weather transitions from summer to colder temps. 

The two existing LTR units (on my family’s property) were built 5–8 years ago at a cost of about $80,000 per unit, so I’m estimating a 20% increase in costs for the new builds.My plan is to use the equity in the land as the down payment for the construction loan, which I expect will make closing costs the primary upfront expense.

This policy will provide additional coverage above what your existing policy covers.

That is if purchasing EXISTING performing investment real estate AND have very good clarity of every facet of the transaction ESPECIALLY reasoning for seller selling, AND you have decent market intelligence. 

There's also a detached two-car garage and workshop.It exists in kind of a twilight zone between commercial and residential. 

"I have a very simple criteria for when an area is gentrifying as opposed to just generally improving: If it makes economic sense to buy (at market price) and tear down an existing structure in order to build and immediately sell a new building, then the area is gentrifying.

In 2025 does it make sense to build a 4plex and house hack it or is it better to buy existing multi-family? 

Very challenging if not impossible to make lot ratios work if the existing property isn't conducive. 

What types of organizations are you working with in your master lease agreement for your existing properties?