For example, at 5%, your monthly interest payment on a $500,000 loan would be about $2,083.

Some people/investors see a property and want 100K++ return when the property is listed for 100K and the return should be more like 10K or 20K..

Park have similarly drawn new businesses and developments.These examples highlight how public-private partnerships can be key to transforming underutilized spaces into economic hubs.

There is a lender willing to refi cash out the property right know, should I take this lender offer, or would it be better to go to a local Credit Union or Bank and have them run the numbers?

Hi @Brian Scott It sounds like once you move out you'll be cash flowing. 

depending on what you are looking to do, there is a Market Finder tool within BP as well under the "Pick Markets" tab which has some data that may help 

We are the first buyer and have an option to influence whether we can be part of CCR or not.

Any  tips would be appreciated.  

Or, would my money be better spent someplace down south or by a National Park that would have year round traffic.My goal is to have a place where my family can spend a couple of weeks during the Summer, pad my retirement a bit, and have a place to leave my kids.Thank you in advance for your input.

I think the house has to be selected with Section 8 in mind.