Investment Info:

Other commercial investment investment.

Tiny home community/village.

What made you interested in investing in this type of deal?
I am very involved in the tiny home and ADU mov...

However, I would like to know about the developments going on there, rent and house appreciation in 5 to 10 years and I am looking for LTR.Also, new to investing and this is my first property.

We have a relationship with a much larger developer who does multifamily, mostly apartments, and even they can't figure out where to put their money right now, because the math just aint mathing for them to build or renovate at the moment.

Infrastructure and Development: What upcoming infrastructure projects or developments could influence the market?

Angel Fire has developed a decent infrastructure for living there - a few gas stations, a small grocery store, and a few restaurant offerings, a couple of churches, etc.

But I’ll bet  you’ve developed a great “feel” for when to “work” with a tenant and when to get “tough”  

My plan was to build 3 more after these 2, but think I am just going to sell off the 8 acres w the plans etc and let a bigger developer take it over. 

I opted for a more complicated approach which requires a developer and never ending modifications which I anticipated -- yet frustrating at times.   

Price - $960,000Preferred Lender rate - 5%Rent per unit - $1,700-$1,800 (3 of the 4 units we had leased at close)Unit size - 3bed | 2.5 bath + garageFinancials - 25% down, 5% rate, monthly cash flow roughly $900  Where can I find more info on another deal from the seller / developer? 

Exploring alternative revenue streams, such as short-term rentals or mixed-use developments, can increase cash flow and diversify income sources.