My experience has been this is going to be a difficult pursuit - most horse property is located in rural (low density) areas, so you would likely have to rezone the property which would come with opposition from neighbors and possibly unsupported by the municipal general plan.We have found several niches with smaller high density developments where we've found quite a bit of success. 

Do you have websites or tools to analyze my market?

Why be in the landlord business if the protections are few and the risk is high with low returns?

I highly recommend knowing what your rehab cost is going to be, add a reserve amount and make sure you know where those funds are coming from.

I was a high-end builder and I could not count my time working on properties, even when adding a room or more.

I got a quote for the two projects and I just wanted to get your opinions if you think these are good estimates - high, low, or fair?

Highly recommend if you want to save a few shekels.

Plus, managing contractors and ensuring quality work can be tricky for someone just starting out.New Construction: The Modern ApproachOn the flip side, new construction offers a different set of advantages:1.

I am undereducated on most other states but I imagine CO, CA, TN, NY etc all have thriving locations as well, just unsure about their regulations and returns especially in the high tax states.

Alternatively, there are programs that will allow borrowers to qualify high LTV with either a US Credit score or ITIN.