Purchase price: $2,900,000 Country Glamping and Development LLC acquired 776 acres for a project called Country Glamping on the River, LLC.This is Rawland/Off-Grid/Glamping/STR and Owner Financing for Lot Owners that want an Oasis Get-A-Way and Glamping ROI development on the TN River.you can see the Project: www.CountryGlampingontheRiver.com What made you interested in investing in this type of deal?

This is a long term development opportunity.

Plan is to develop and sell the homes.

I am working over these next few months to learn as much as I can to develop systems in order to analyze the next market we will move to.

However, you have to invest in specific communities where they are encouraging development.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

Avg Dom should be less than 20 days- if you look at development in certain areas of cape , there are a good a mount of multi-family coming in .

Like I brokered a 22  lot development of duplex's for a builder and just charged him 30k flat fee per sale.. they sold for 225k each back in 05 when I did this and I sold them all in one weekend at a big event i paid for in San Jose CA.. all to CA investors it was my fly and buy program I did in those days..

From what I read in The Economist, these Sun Belt regions often see steady population growth which can drive healthy rent appreciation.

But, all of the areas around there are starting to develop as well.