It's a different risk / reward profile than flips and more active development.

On the RVs you’ll want to know how long those people have been there, do they pay annually or do they only stay for the 3-4mo “season”, if seasonal do they pay a premium versus the annual, are sites open for short term stays (daily/weekly), how are the surrounding RV parks occupancy...The longer the term the easier to manage, less of a business.

@Chris MacDonald  I am not a CPA but I am and have been a real estate professional for tax purposes for 40 plus years.. so I write every single trip off.. as I am always looking at new deals.when I was in Thailand last week I met with a condo developer who was offering 7% guaranteed rental returns.. on his condos went on a tour got the brochures and am considering that investment.. so that is a business trip. 

Even areas I likely won't work in anytime soon (large commercial developments, for example) still spike my interest. 

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I have a couple partners one of which owns land.  Can we build a fourplex on it then get conventional financing?  I think we will have some equity build in after the build and I want to use it for at least part of the...

kinda not really.you could do it if you took the advance out and seasoned it in a bank account for ~2 months.though the debt service will certainly affect your DTI I always have them use my IRA as a reserve account

They are discussing pre approved financing, package deals, fix and flip, and even development potential ! 

One landlord I know who keeps the water bill in his name has developed his own system that trains the tenant on how to read the water meter, and to take the reading to compute how much to include with the rent for the water bill; it gets close enough so that he has not fronted the water payment for a tenant who decides to skip town.If you have the tenant get the water bill where unpaid water bills become a lien, you will want to have some way of tracking that the tenant is paying the bill.

Is there no way around the "seasoning period"?