From strip mines in Wyoming, to power stations all over the country, to mining operations in the eastern states, there has been no 'boom' in coal.

For your situation, I suggest you look closely at photovoltaic solar power.

Not sure if you have discovered some of the following areas of the site but figure I'll shoot you the links just in case.Start here: http://www.biggerpockets.com/starthereFind and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead the Beginner’s Guide:http://www.biggerpockets.com/real-estate-investingCheck out the BP Podcast: http://www.biggerpockets.com/renewsblog/category/podcast/Last but not least, don't underestimate the power of participating in the forums!

That's important to understand.The reason I like probate is that it represents the ultimate intersection of compounded people and often property problems. 

It was administered by the university so they had significant power if you failed the inspection (I don't remember the specific repercussions).What do you mean by "satellite" house?

We're in an inverted rent:value situation that is compounded by the ridiculous lack of inventory.Now...what you're actually describing, in terms of having specific investors with specific criteria, is reverse wholesaling.  

I wouldn't do any spec building in the "modest home price market", you have too much competition from the production builders like Pulte, KB Homes, etc that have enormous buying power and can sell and make money for less than you can build for...

I think this demonstrates the power of two is greater than its sum, and it also illustrates why trust in partners is essential.

There are some first time buyer loans that can increase your purchasing power, but there may be restrictions on how soon you can rent it out.

You probably have already heard some of these tips but others have found them helpful:Start here:http://www.biggerpockets.com/starthereFind and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead the Beginner’s Guide:http://www.biggerpockets.com/real-estate-investingCheck out the BP Podcast: http://www.biggerpockets.com/renewsblog/category/podcast/Last but not least, don't underestimate the power of participating in the forums!