The math is clear, Real Estate by many MANY miles.

@Heather Rummel why'd you buy and NOT do all your homework ahead of time?

I don’t feel like it’s necessary to elaborate on the math because it’s also going to be necessary to calculate leech-field size. 

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

why no MLS  agents may have done a bunch of your homework up front.. just offer what makes sense to you.. me personally I would start with  the zoning maps and only look at props zoned for the size you want to create.. then work backwards.. no sense chasing deals without knowing the zoning up front.

Here's homework - write down 5 ways that debt is positive and can help you.Having a free-and-clear investment property is not even always considered a great thing because it can attract the sharks, lawyers who see it as a huge dollar sign.... better to keep it mortgaged so it doesn't look so attractive.So yes you could look at it as shuffling around numbers, but your ultimate goal (as you stated) is to live off of your investment properties.

Based on both of your posts I’ve done a little math and calculated I would have to charge $255 a night (at a 44% occupancy rate) to stand the smallest chance of making what would make this worth it to me.

@Ian Dale IbradoThis question can be answered with math.

I get the math though.

DO NOT, however, fall into a calendar trap; buy because the math is right, not because you want to keep up some self-imposed pace of expansion and it’s been X days since your last deal.