The sales price is accurate although I do not see that area continuing to appreciate over the next year or two.

I think not.But a golf cart with less safety features, uncapable of traveling speed limits on roads, no doors, children often traveling without car seats or boosters (that people spend hundreds of dollars on to keep their kids safe in the car), kids/teens/drunks driving illegally, etc.It's providing a vehicle for use, even if it is a "golf cart."

Just my two cents, not to say you cannot succeed the other way around too!

If occupancy rates stay as they are now for the next year or two, I will still cash flow around 50k-80k with this new cabin build.  

There are two property In queens that my family owns and I manage!

.* "Rent" could be tax deductible* I get to secure a good property (condo) early, before prices increase (when rates lower)* Eventually, both properties become positive cashflows, and I get to have two leveraged properties within 1-2 years.Thanks!

I would suggest you do two other things aside from just this post.

Six months ago, the property owner was silly enough to let a cigarette store move in next door.

Two tenants ago was so terrible and when the police showed up one night I got to talking to them.

Hey Jahangir, I do a ton in Detroit and have 12-doors there myself.