Might as well build a tiny house.  

And turn a TINY profit on the spread. 

I was a tiny bit skeptical, but sure enough, he was right.

Heck, maybe you could bring in some tiny homes or modular homes.

does modular construction or tiny home construction help speed up the process? 

We co-invested in a large SS facility in a tiny town in Texas (ever heard of Beeville) from a mom-and-pop seller that turned into a home run for our investors. 

But you are right, Madison is priced quite a bit higher and has tiny bit of a west coast feel mixed into it's Midwest flavor.

Sell for $400k, he'll carry $100k of that interest only, and gift 10k/year for 10 years.I really don't want to pass this up, but putting in the amount of money needed for a tiny bit of cash flow, or losing money each month for a couple years would risk running out of money and pushing me back to a regular job.Would you pass on it? 

The truth is that building wealth is a slow process and the odds of hitting the lottery, inheriting massive wealth, or suddenly getting a huge lump sum are absolutely tiny.

Start small with a tiny multifamily property.