Is that you or are you considering putting in a back-up offer. 

Well, did it only backup once in the five years you’ve had it?

The idea is on the back-burner for now.We have two other in-town properties with enough land for 4-6 tiny homes each. 

Aside from seeing a parcel and knowing a great project could be built on it, it's necessary to be able to show precisely what can be built, how much it will cost, and have real numbers, based on actual bids to back up your projections. 

Typicaly you can build your experience resume with being a GC AND being on permits OR being an investor with HUD statments to back up your construction or flipping... 

I didn’t do any of the knob and tube remediation yet and back burnered this project.

If the rental is in town, maybe start looking on Craigslist, FB Marketplace and OfferUP for quality used furniture to have as backups?

Next, if you are comfortable with the numbers a long term rental would provide, keep that as a back up strategy and play with the numbers a mid-term rental in this area would bring.

It's now nearly fully occupied and rents are going back up.

Or god forbid a pipe bursts or the sewers back up and you have to navigate that scenario.