I had to learn how to guess how much value I could add to a property and base my guesses on facts.The journey was already hard because of the lack of experience and information at the start.

If you are playing the long game, which you should with rental real estate you will come out ahead. 

My CPA then said yes, in his words, ‘There is no difference on your side to pay them vs to pay a plumber.

Joanne There are insurance companies that will insure more than 10 properties on a personal umbrella but it can be tricky based on the companies providing the underlying insurance, the makeup of the portfolio, the state you're in, etc. 

I know eXp has few fees, but they have a heft tech fee since they are a cloud-based national brokerage. 

Based on you OP, I would consider keeping $50K in reserves in checking or savings account.

However after all the work thats required which includes landscape, parking lot, fencing lighting and interior/exterior work, it looks like the presumed cost of remodeling it will be double that, although Im not positive (still taking bids).Ive priced a comparable property in our area which has similar square footage and lot size and they seem to be going between $700-800k, and so my question is: based on a higher than expected construction cost which is necessary to finish our project, one which will exceed the amount of money of what a similar property goes for in our neighbrhood, should I continue with this project, or an alternative plan would be to simply beautify it for approximately 100-150k and ditch the plans, and flip it instead for approximately 700-800k now that its zoned commercial.My fear is that if I do invest the moneys to finish the project over the budget I initially priced it for, and the business doesnt take off, I would initially lose money on this investment.Thank you for taking the time reading this.

Decide which game you want to play.

While you mentioned they would be primitive, you may still need to clear and level the sites, provide fire pits or grills, and establish basic sanitation facilities like portable toilets or a designated area for waste disposal.Accessibility for Campers: Making the camping areas accessible for campers and overland vehicles can broaden your potential customer base.

Of course the numbers have to work but when I find it that's the game plan.