I think it is a lower risk building this in the center of a city than on 4 acres with no utilities in the center of a rural area without comps or limited comps and only a vacation rental market. my buyer pool is much larger being in a big city and urban and buying infill lots like in columbus ohio. this is just our strategy, I'm finalizing the renderings and everything next week an in contract on our first build for builds in Texas but this is what I would do.

Quote from @Arthur Schwartz: Consider bringing in a new partner to help with funding, and offer them a guaranteed return or a percent ownership We just entered into a JV with a new partner, and I believe this is the strategy we are going to utilize that will be the most cost effective and mutually beneficial for all parties.

This helps guide your decision on where to invest and which strategy matches up to get you closer to those goals of why. 

Your CPA is a good place too discuss possible strategies if they are Strategic CPAs and not just a tax accountant. 

@Brian Ciuchta that sounds like an interesting strategy.

Hi all, I am new to RE investing and am currently in the research stage trying to develop a strategy to pursue.

My interest payment on a mortgage is over $1000 a month, how do I include these savings in my CoCR or overall investing strategy?

My primary acquisition strategy is seller finance/"sub to" and exit strategy will be focused on a combination of mid term furnished corporate/traveling clinician rentals and corporate/insurance mid-term rentals.

Futher, if you come prepared with the numbers on your end as well as a solid idea of your exit strategy it will streamline the process. 

House hacking is highly adaptable, and can be combined with other strategies.