Having trouble analyzing this deal as there are so many variables and I do not have the experiencing analyzing deals to make me feel comfortable taking the risk.Purchase price of the land would be $250,000 not including closing cost or fees, and construction for a new 3/2 home with an attached 1/1 ADU is estimated to cost around $300,000 - $400,000 finished.

Also, start learning about your local market and what types of properties and deals are moving.

For example, you could offer a special deal like, “Stay two nights in August and receive a s'mores package or tickets to a local restaurant or waterpark.”You might also think about donating a week to a previous guest or a family in need.

I invested in one deal as a Limited Partner and one as a General Partner.

The Hunter - finds the deals, networks with brokers, risk tolerant2.

Best of luck with this property, If it goes well you will be ready to refinance into a better rate and your next deal when ever we see better rates come back.  

I've been receiving some inquiries from potential sellers for a wholesale deal, and I'm having trouble figuring out the best offer to give.

Things like septic pumps burning out, steam room dying, guests catching the grill on fire and leaving burn marks on the hardi siding, emergency bug treatment, above ground pool which is ridiculously hard to manage in our heat & having no time to deal with it if it starts to go, laundry & drying time for all the towels and linens, etc, etc.There are plenty of things we can and will get better at, but I'm prioritizing the stress level of my people as well as the very near disasters we've narrowly avoided, over the little bit of extra revenue we'd generate.

Trying to analyze as many as I can so that hopefully I'll recognize a good deal when one comes. 

It may be a really good deal financially given rental rates to just continue the 50/50 split as is.