I appreciate that perspective!

However, I would appreciate further clarification on what you mean by having a Plan B, C, and D.In my experience playing the BRRRR game on a smaller scale, typically with homes valued around $200,000, I have found that it can be challenging to generate significant monthly income, Instead, the focus is often on building a portfolio without having to make substantial out-of-pocket investments, which is indeed advantageous.

I think you have solid criteria to find a good property with good long term appreciation prospects and cashflow. 

Appreciate your feed back. 

My idea is to build a mini village with modern cabins, but I'm unsure about its demand, worthiness as an investment, and associated risks.Here are some specifics:Investment Capital: I have $500K of my own and access to an additional $1 million from investors.Location: New Jersey, where I currently reside.Investment Goals: My primary goal is to generate cash flow through short term rental.Project Idea: I'm considering building a mini village with modern cabins.I would greatly appreciate insights from experienced professionals in the community on the following:Demand: Do you think a mini village with modern cabins would be in demand in the New Jersey area?

We are looking into purchasing with a wholesaler to get a deal and an opportunity for forced appreciation through rehabbing a property.

Any suggestions with Pros and Cons would be appreciated!

I appreciate your input.

Very much appreciate any inputs. 

I would appreciate any general/specific advice that you all may have.