I am a Business Process Architect at Commerce Bank, who is looking to start building wealth and retire early to spend more time with my family and friends without stressing about work anymore.  

Few options:  Non-bank lenders like Lima One and Visio usually do loans based on the performance on the property.  

I've been trying to research raw land loans and from the (granted few) banks I've spoken to, they will not loan on raw land-they recommend getting a personal loan out at a ridiculous rate 10-15% interest (they didn't run my credit, it was just an estimate for a personal loan, but I have very good credit-around 760 I believe), to cover the land and then refinance to a construction loan once there is a well and septic as I understand...So was wondering what other options I had as far as financing and what others have used?  

Any host here with a pool house or hot tub?

It's a bank-owned property that needs new carpeting, paint and a good cleaning.

A little about me...Bought my first bank owned foreclosure about a year ago and renovated it myself from top to bottom.

I'm actually curious since I have surgeon family members.Passive 8% does sound better than the bank though!  

For example, if, in an 18 hour waking period, you spend 2 hours snooping through the AirBNB, writing down the makes and models of appliances, figuring out the distribution of the mini shampoos and inventorying how many cooking supplies your hosts are providing and the thread count of the sheets, then an auditor might allow you to take 10% of your total trip expenses as a deduction.If, however, in an 18 hour waking period, you spend 6-8 hours per day interviewing Hosts, researching which properties would make good AirBNBs, researching the local laws, touring properties, meeting with an agent and vigorously pursuing your next acquisition, you'd have a MUCH better case for writing off your travel expenses (but probably not your lift tickets and equipment rental).If, on the other hand, you are traveling and on vacation and just hang out in your AirBNB without actually performing any activities, then the odds that an auditor will allow any deduction at all is pretty minimal.In any audit, it would be up to you to document the business purpose of your trip.  

I would do a bank loan with 10% down and 5.5% interest.

This is essentially what banks do.