But if your goal is to cashflow positive from the Day 1, you may find it very challenging due to current day interest rates, high cost of construction and the fact you won't have the efficiencies of a seasoned developer building at scale.

You will have a leg up on the competition where it's a stand-alone. 

Real estate purchase using reasonable leverage, at todays interest rates, will build up equity through amortization.  

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Some places you can look up that info.

They were seeking secondary homes for their family that could be rented to help offset costs and didn't require an immediate or transferrable permit.

With the new zoning laws in Washington state, Chelan and Douglas counties are partnering up with builder, investors and entrepreneurs to create more  middle housing.

My wife, Elsa, and I grew up in the western suburbs of Chicago, but we currently live in British Columbia, Canada.

I'm also seeing lots of homes for sale that were used as Airbnbs, so I'm wondering if that along with these numbers may indicate it's an overly saturated market, and if these are signs that maybe I should keep searching for a stronger market, or just a property that cash flows given the average annual revenue?

Family becomes brutal when its time to split up land or decide what to do, plus with the heirs laws you or your siblings kids have rights to the property.