I would also weigh if you plan on staying in the home you are in now for a long time or move in the next 5 years.

What’s your game plan for managing the park — hands-on or hiring a property manager?  

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

I am also leaning towards GC'ing it myself, so I'm using an architect to draw up plans, and I'm looking for subs.

At the time, his offer was low, and I had potential plans for that space, so I turned him down.

In order to do this you need to have deal flow and you need to know 1) How to recognize a good, profitable deal, 2) How to put together funds quickly to buy the deal before someone else does and in such a way where you are protected and the deal is protected, 3) How to run the project so that you follow the budget and don't overspend or overbuild, 4) How to attract an end buyer or a renter and which documents to use to protect yourself and the buyer, 5) If you are going to keep the property then you need to know how to set up the property from the start to best help you in the refinance later, and 6) You need to know how you are planning on managing the property from the beginning in order to make sure it will be profitable at the end.

If you are a solo-preneur, you can tag another investor in the group to assist.We have action-plans and drips for investors to use for lead generation via call, text, email, door knock, driving for dollars Most of this is done out of the box versus heavy configuration and customization like other systems. 

I've already been hearing about all the communities and mini cities that they are planning on opening around it as well.

You’d need a clear exit plan and enforceable lease terms to protect your investment.Think about the following:Tenant Risk – Can they truly recover financially, or will you face another eviction situation?

You need to work with a property manager that has experience with this, unless you plan on doing it yourself.