You are just throwing money away and will eventually fall victim to squatters.

Looking ahead, once you secure a tenant, perhaps this is something that should be explored to make the next lease up easier.Also, @Caria Mitchell raised an interesting point in saying: We are experiencing a shortage of qualified applicants, I’ve noticed non-conventional applicants vs qualified applicants that don’t have a voucher or some form of subsidy. 

Smart Home FeaturesAdding smart home technology like thermostats, security systems, and lighting controls can increase a property's appeal and value, especially for younger buyers.8.

Following the shiny object, throwing money at a market you don't know well, and blindly trusting strangers that have a clear profit motive put you in a poor position to succeed regardless of where you choose to invest.

If you want to talk to a good agent out in that area I would reach out to Jen Day @Jen DayI would also check facebook marketplace in case someone is looking to sell and just throwing it up to see if they get any traction. 

With your point, it seems like living security of 'where's next' for them will be the biggest obstacle for the seller to overcome.

If your project qualifies for EPP (Express Permit Program), then you don’t have to secure permits in the traditional way.

The agreement specifically allowed KeyGlee to use the End Buyer's EMD to secure the underlying contract with the actual seller... and to forfeit that EMD if the End Buyer failed to close.

My cabins (1 to 5 bedrooms, all with views, and all except the 1 bedroom is further from town) are still performing well and most are on track to meet or exceed 2023 returns.The days of buying and everything running easy with people filling your dates and throwing cash at you are over.

While both involve finding and properly securing a site and bringing it to full entitlement, the ground-up process includes the land piece but gets way more involved and complex to execute.The full "Monty" for ground-up development needs to include financial literacy, an explanation of metrics, and how they work.