Here in the USA you have to be licensed to build a structure that will house someone else.

What happens if you lose on it, you now have an additional liability, not just a loss of money.Are you planning on keeping the current property or exchanging it (1031) into something else?

those properties sitting on the MLS property won't work... because if they would, someone else would have bought them already. 

Currently working with a mentor, and I plan to give him a chance before I jump to something else.

Or is it something else?  

If you plan on moving do something else in the meantime and build up income/savings

I'm curious if anyone else has gone down this path and what their experience has been.Thanks!

I recommend anyone else do the same.

Demand termination of the contract and transfer all documents, funds, keys, and anything else they have to you or the new PM no later than [DATE].

And you've done the same.I could invest in Nashville or anywhere else.