We do not own a pool or hot tub nor do we own any plants.

Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future.

.)#2 Rezoning to Approved Plot Plan where you hire engineers to get plan approved by the city/town to have structures built on the land#3 bring utilities to the lot line ready to go (water, sewer, gas, electricity) if out of city you may have to build your own waste water plant or septic system for sewer and drill well for water#4 clearing trees, grading land to have soil elevation to be relatively flat#5 bringing all utilities to each individual lot (residential subdivision, mobile home park) #6 build roads Hypothetically speaking your $100k raw land could be worth $250k after its been approved by the town to have 10-15 mobile homes built on it or worth $350k after you cleared all the trees and grading and have all utilities at the lot line.. 

We are either looking for a cool ski resort or something in a tropical market.

Not dissing you of course just what you have to work with.. and of course its what you know.out here on the west coast.. all of our title plants have been moved to the Philippines.. those folks turn a title report in a matter of one hour two max ( if your a premier client) 2 days standard service then close...

So, I would much rather be sitting on 20 C-class rentals paying $1-1.5K a month than 5 luxury rentals paying $4-6K a month when a local plant closes its doors or they start jumping out of windows on Wall Street.

Developers are planting their seeds in those areas, which is always a good sign for small investors. 

Furthermore, Intel is spending 20 Billion dollars to build two semiconductor plants, and many more great things presently and coming in the future.

Third applicant was a recent grad from an east coast university working at the local meat packing plant as a manager. 

@Michael Plante yes and its conventional 5% down.