I had a partner who does land entitlement in 15 cities and I've been an agent for 10 years and I wouldn't touch it unless you can get it approved while it's tied up with minimal efforts.

Partnering as an LP can help you learn the ropes while minimizing risk.

This vapor barrier may be a dark blue or black color, and should stretch along the entire underside of the manufactured home.Inspect the vapor barrier to be sure that there are no signs of sagging, rips, or delamination.

Mine all run themselves with minimal issues. 

It’s an ideal approach if you’re focused on minimizing risk and maximizing control over your investment.

I am not sure what kind of appreciation a boutique hotel can create, as hotels are very much operating businesses and the real estate itself holds minimal value outside of the business operations. 

That being said, Zillow is also the primary site in my market for rental searches, especially SFRs, so I have no shortage of tenants seeing my listing when it is available.The one downside, which is minimal, is even though the tenant pays rent through Zillow on first, and I get a notice that rent was paid, it can take 5-ish days to arrive in my bank account.  

Also, consider partnering with experienced local investors or contractors to minimize risk while learning.Let me know if you’d like help with financing or any real estate questions along the way!

There are losses due to vacancy during any turnover, but even that is minimal.

A good CPA will identify legal deductions you can take to minimize your tax obligation.