We learned a lot from this project.Looking back, if I knew then what I know now, I would have handled it differently.

from my advice rural properties and developments aren't successful and you are climbing an uphill battle. sounds a little niche. we focus on developing and not reinventing the wheel. if this is truly what you want to focus all your time and energy on then visit the closest 5-10 of these that look like the ones you are interested and ask if they'd expand or build a secondary one. do a lot of research before you just take action 

A lot of it might feel like wasted time, but it's just practice until you find a deal that works and you close. 

Even if these relationships don't go anywhere, you'll get a lot from just having a couple of calls.Next I would try to find some local investment groups/communities and try to chat with as many investors as you can to get an idea how other's started out in your market.

That depends on a lot of personal factors such as your finances.

"Good about deductions" sounds a lot like "doesn't make enough money to be a homeowner", so he should keep renting from someone else, and you should do what you're going to do with the money and wisdom you earned.Of course I don't know your son, but I think this is too dicey and you are too close to the situation.  

However, sold data is restricted in a lot of states so it's not accurate comparatively.I have always found the overall interface average.

Both Fort Lauderdale and Pompano attract a lot of visitors. 

@Ashish Gambhir like most have said it will take some creativity or a lot of work to get a cashflow rental in the Triangle. 

The local market has a lot of opportunities, especially if you’re looking into multifamily or creative financing.