After doing this a few times, your properties can basically pay for themselves. 

Crazy as this sounds especially for Philadelphia: They have renamed the "Business Privilege License" to the name "commercial Activity License" - same basic thing, just new name.

Outdoor space that wouldn’t be part of the project.

An investor is developing a multi million dollar housing project up the road from me.

They build in so much into the purchase price to give the buyer "closing cost credits" that it basically makes comepeting impossible.

Appreciation is projected to be much greater as well so definitely a good decision in that sense. 

While you mentioned they would be primitive, you may still need to clear and level the sites, provide fire pits or grills, and establish basic sanitation facilities like portable toilets or a designated area for waste disposal.Accessibility for Campers: Making the camping areas accessible for campers and overland vehicles can broaden your potential customer base.

People use it because the higher LTVs allow them to raise less money (which newer syndicators and “portfolio builders” need), and project higher returns (which attracts capital from investors who might not fully appreciate the risks).  

This approach enabled us to kickstart the project without personal financial input.

It’s the simplest way to get a feel of what it is like to be a landlord without going through the hassle of managing rehab projects.