I appreciate the tips on looking further south and assuming existing loans and will reach out in the near future.

Second option, if it's even valid, I could build a new house in one of these new communities and then have the house for another few months and sell it (assuming that it would have increased in value) Any input to any of these two strategies would be highly appreciated!

Recommendations here are greatly appreciated!

Future appreciation is very likely and personally, I'd like our business to capitalize on that appreciation.We initially looked towards investing in Charlotte, NC.

The second was to have a property that would appreciate with time.

(Make sure you have vacant property insurance, standard insurance won’t cover an unoccupied property for very long.)As long as you haven’t used it personally I’m sure there we situations where you buy a property (imagine a very run down unlivable property) for the land or the possible appreciation.  

We would agree on a price today and split the appreciation up to the point where the agreement executes and the title is moved in to my name.

Are people just doing the appreciation play these days?  

Can’t tell you gentlemen how much I appreciate the feedback and giving me some pretty concise answers.

I appreciate your insight!