My next creation is going to be an outdoor sauna/steam room. 

One thing in particular that we find interesting is the investment in entertainment technology in Lititz, driven by Clair Global and Rock Lititz.  

Here's a great article to learn more about the area: http://www.orlandosentinel.com/entertainment/os-mi...What exactly are you renting? 

We also plan on building an outdoor kitchen and dog park.

A coastal market is considered a secondary market like Vegas for some type of entertainment industry.

- Bookkeeping- Newsletters to tenants such as:  - Winterization tips: min temperature, outdoor faucet covers ect

But if interest rates rise, it's like clouds moving in, making loans more expensive.So, when it comes to real estate, pay attention to the timing and market conditions, just like you check the weather before planning an outdoor activity.

There are going to be a lot of people on here who are going to mention "buy term and invest the difference" because they've been fed information from Dave Ramsey and other financial entertainers that whole life or universal life is a bad "investment".

He owns the home free and clear and said he would entertain seller financing. 

The strategy consists of purchasing "fixer upper" single family and multifamily properties for cash within the markets that meet my requirements, flipping and holding as LTRs for a minimum of 5 years, then entertaining the idea of selling for a 1031 exchange or pulling financing for more purchases.