I am wondering what experienced investors/builders might think about the following investment scenarios (sort of passive income): Buy the right piece of land and build a five/six row of townhouses and rent them out (@1,500 sf/unit, maybe rent them @$1/sf or a bit more) Buy a beachfront property overseas and build a small resort (six luxury villas/bungalows) each with private plunge pool and stunning views (charge $350/$400/night)-option 1 is less risky than option 2 but rewards are considerably lower for option 1.

Buying at auction sight unseen other than a walk around, I was stunned to see when i finally did get inside that the home had forced air heating and central air conditioning.....really lucked out there...it appears to be original because it had these big old cast iron floor grates.

I'd be stunned if it did not cover STRs.

I was researching sports domes since they seem to be less expensive than brick and mortar buildings. 

7 Stunning Qualities That Make Memphis One of a Kind....It is no secret that the owner of a company called Memphis Invest would love the city, but Memphis also bears the brunt of its fair share of knocks.  

My crew is off Thursday-Sunday so taking the house back right before Christmas wasn't going to do me any good.  

You will be stunned at the amount of money you have ignored in a year in the past. 

Insulated the built on porch, put in a gas fireplace, removed the wall between trailer and porch and put in Anderson Windows to capture the stunning view.

Having said that, solid kitchen and bath and stunning first impression (front door) always help.

Do you think you could do me the favor of explaining how your previous deals with hard money lenders have happened?