Instead of paying market for spot lots I create my own lots  and capture that equity.

The minimum hold we tell our clients is 2 years with the sweet spot being 5-7 years depending on the property. 

1) 20% down will allow you to do a conventional investment loan, but you will have to either:- Qualify with the new payment + your current payment- Lease the property out, allowing the lender to use 75% of the monthly rent to offset the mortgage (confirm with a lender).2) You could also do a DSR 20% down loan, but the interest rate will be much higher than conforming rates.3) If less than 20% down, you could:- Do a 10% 2nd home loan as long as the new property is at least 50 miles from your current home or near a qualifying vacation spot (confirm with a lender).- Do a 5% down conventional mortgage if you plan to rent out current home and live in the new one for at least 12 months.

two things I have learned.  1,200 is a sweet spot for demand, and if you do have a large unit of 2,500 get a couple of them zoned for auto. 

Toilet seat in same spot. 

Location, view, water, trees, electric, water.Will clear building spots and plant 100 fruit trees and 800 hardwood seedlings.  

The Great Smoky Mountains is the #1 destination of all national parks in the country.It's (probably) the #1 spot investors have focused on for investing. 

Actually, I spotted your comment as an after thought, insignificant to me.

It doesn't take long to learn how to spot a good deal.6.

Other hot spots I am sure you will hear about are Florida, NC, Texas, Indy to name a few.