we pass on at cost, keeps it easy to respond to guests when they say our cleaning is high. have even proved it to guests before- some people just like to see it and most i have done that with have become long time rebookers.Make money on your house and pass along fees at cost to me thats the best way to go and has been fruitful for us 

However, it can be at times a bit hard as the low-hanging fruit is gone and there's a lot of eyes (including institutional money) on the sector.  

Quality over quantity.This massive scale & leverage philosophy on the lower entry/lowest hanging fruit markets is excellent for spreadsheets.

Option #2: GlampingA relative has raw land with amazing views.

It's very expensive and time consuming to develop raw land. 

It’s like planting a tree – it takes some effort upfront, but you get to enjoy the fruits pretty quickly.What's More Important?

multiple investment classes: non-commercial residential, commercial residential, self storage, MHP, industrial, office, merchant space, glamping and traditional camping, hotels/motels, raw land, lumber sales, mineral rights, etc.Your view is not enough opportunities, my view is there are too many to learn and understand.  

Either from infill lots, raw land, or tearing down an older house?

You can exchange raw land for a rental home, an apartment complex, for a shopping center.

In 10 years, when you have a nice portfolio of homes and they're cash flowing nice chunks of money, you'll appreciate the amount of time, energy and effort you put into your business and will get to enjoy the fruits of your labor.When I first went to the cpa I've been using for the last 5 or 6 years and explained what I was doing, he said, he's heard it before.