People love it, and for only $13, its worth the price of an enhanced guest experience and higher chance of a 5-star review.  

Most of the lenders I work with (provided you have experience and a credit score over 660) would do up to 85% of the purchase price and up to 100% of the rehab costs, provided this doesn't exceed 75% of the ARV.As for the idea of selling the land, great idea.

Call 3-4 of them with 4.5-star rating or better, ask what their experience is and how they can help your situation, then choose one and move forward.You are in the most heavily regulated state in the country, and one of the most regulated/litigious places in the world.

Or is it more than that and not something to be done without development experience?

I have been seeing a lot of houses in the area going up for foreclosure. But the whole concept of foreclosed homes is confusing to me. Is this a good way to get into real estate investing? What are the benefits and dr...

Managing contractors out of state, especially if you don't have construction experience, is risky.Once you build a team you trust in a market, then strat to take higher risks 

A JV could fast-track your construction goals while we tap your experience.

My experience with the Cincinnati REIA has been just the opposite of Stone's.  

Experience in the last 3 years: 9.

With the capital and experience to offer I've seen this work well as a joint venture.