We're on the MLS most every night.

I'm preparing to open an LLC so that I can dive into REI.  

Come out to CAREIA, it's in Lisle this coming Monday night.  

Great tenant, they occupy the space maybe three nights  week, have it professionally cleaned and the check comes direct deposit .  

Not that serious @Andrew Wong, I just did some consulting for a person last summer season that owns 4 condos in the village area of la Jolla, let me tell you what we found out, Village property rents easy specially anything with walking distance, I simple Vacation Rental Sign in the building got us a lot of bookings, VRBO,AIRBNB work well with properties under $400 per night, if your property is over that maybe you want to try reaching out to other websites like Luxury Retreats.com and others, any questions feel free to reach out. 

If in my example above the transaction were to fail / be denied then I will deal with that just like a bounced check.As for the current situation, I emailed the tenant last night and offered to waive the late fee, recognizing her good track record up until this point....as long as she signed a very short lease amendment I put together that clarifies the particulars of the situation and what is considered "on time". 

Hey Brendon,We have a small campground we built so hopefully I can offer a little help until others contribute.Lots of things determine the construction cost and not being from your desired location handicaps me.That being said maybe I can at least shed some light on your idea.Things that will determine actual per lot cost are power,sewer and water.1-Underground power is the way to go,more cost but more spaces because of overhead clearance restrictions.2-Available sewer also is best but septic systems work fine but cost more and chew up land area and require more long term maintenance (we have septic systems,3 spaces per system). 3- Water,there again country,or city water is best but a well and your own systems works fine also just requires more upkeep.As far as the park itself it's best to (IMO).1-set park up with three sections to accommodate different styles of campers,over night,seasonal and annual (if area warrants),all three have there pros and cons,overnight area is cheapest to construct since you'll just have bathhouse ( no septic,power or water per site). seasonal spaces will be completely developed but will rent for highest amt because it's short term (usually power is included into rate).Last is annual which again lots are fully developed but not so much in and out and consistent cash  flow,tenants put utilities in there name as they would a SFR. 

Its funny you posted this because I just finished reading The Big Short again last night.

The margins are over 50% which is good but I am a little apprehensive to dive in.

James,Congrats on the success you have already obtained and congrats on the new journey to dive deeper into real estate.