As well of assessment of demand in the market for these potential cabins Thank you!

Well.

Buy & hold for sure, STR works well, flipping if you live in Milwaukee - it's too hard remote.

We also make money from the "principle buydown" of the mortgage and the "increase in value" on the asset as well.  

And of course the general location and specific location (is it on busy street, near train tracks, transformer substation, etc.)After that, I would say the quality of the kitchen and bathrooms as well as the master bedroom (is there a walk in closet).Then HVAC.

By the time we are our parents' age, our properties could be paid off/cash flow well, and we are sitting in an amazing position. 

I'm headed up in February for a ski trip with the family and was going to schedule some appointments locally, but wanted to ask the BP community as well.

After signing up for a subscription I ended up not using the service because it didn't work well in smaller markets.

Treat them well, but keep a professional, happy distance.As a teacher, I feel like many young teachers make the mistake of trying to be the "cool teacher" and it gets them in trouble. 

Even under this scenario, with a 50/50 split, you will not be getting paid for doing all the work.Another option would be for you to put in 50% of the purchase price using an LLC that you own 100%, borrow the remaining 50% from your investor as a 2nd position loan at a fair interest rate with points, and borrow the rehab under your personal guarantee.Better, if you can find a lender who will lend to a newbie, and they are out there, you could borrow the purchase money using some of your cash as a down payment, as well as all the rehab funds using a construction loan.