But then I think about other alternative assets like art or gold... you must hire a broker to sell your asset? 

Doesn't seem worth it to buy and sell after a few years but I also don't know if it would be worth it to hang on to..

Me and my partner are whole selling in the area and looking for active investor to work with .

(I assume you owe nothing, or at least less than 50% as your mortgage will have to be paid off when you sell, not when the buyer finishes paying.)My understanding is you sell $400k property with seller financing.

@Manny Martinez Sell it Manny!

I found a person who had all ready been transferred to a new location with his job and had been unable to sell their home.

So yes, you can IO then sell.

Second option, if it's even valid, I could build a new house in one of these new communities and then have the house for another few months and sell it (assuming that it would have increased in value) Any input to any of these two strategies would be highly appreciated!

DR horton is building hundreds of homes and selling them.

Everyone here will try and sell you something based on what you're describing.