It’s a fantastic way to diversify your portfolio and build long-term wealth.A few pieces of advice:1.

I had become very active on Facebook during this time because I needed people to do various tasks for me in exchange for a piece of the deal once it was completed.

Just make sure all pieces are accounted for regularly.

Or are you thinking you’ll be the middle man taking a piece of every deal and making it worse?

The end goal is to have a piece of land with multiple houses: one for my growing family but also a home for my mother in law.My mother in law has agreed to foot the money on a new property/land up front and when ready we can buy land from her to build/develop etc. 

AirDNA projected we would make 25K the first year and all 3 of my cabins surpassed that ($110k, $88k, and $65k all on one piece of land). 

You also want to think–and this is perhaps the most important piece–how will this particular laundromat fit into your life?

While both involve finding and properly securing a site and bringing it to full entitlement, the ground-up process includes the land piece but gets way more involved and complex to execute.The full "Monty" for ground-up development needs to include financial literacy, an explanation of metrics, and how they work.

I can hardly believe an accountant would say such a thing unless there are pieces of the story that aren't in the post. 

What is essential to me is to understand  one piece of transaction I discussed in OP.