There are also some good options just outside the Lake Tahoe basin that can offer year round recreation and 20 minutes to ski areas.

In Oregon my title company would give me update spread sheet of all NOD's going ( but keep in mind I was the largest buyer or one of them in the market at the time. 

Land acquisition, permitting, grading, hardscaping, wells/plumbing/septic, electricity, shared recreational amenities . ..

Our detached garage is about 325 square feet now and half of that space was legally converted to a recreation room with a bathroom in the 80s.

My largest concern is the ability to reduce vacancy.

In general, RE realized the largest appreciation rate post pandemic due to easy money spurring investor demand, and depending on the market, the mass wave of demand entering into the STR market.

The median home price in Cape Coral was $385,000 in September 2023, presenting a good investment opportunity. 5) Development Potential: Cape Coral continues to see ongoing development and infrastructure improvements, including new commercial centers, parks, and recreational facilities.

Popular year around 4-season activity area on the 2nd largest lake in Georgia.

Or give up some of the initial cash flows for a better property with more long term growth.Solid economy, with the largest commercial airport in the world (FedEx) and the 4th largest railhead in the US.

In October and November, the two largest funding rounds went to local tech companies operating in the defense space.