People forget how valuable the actual licensing course is for learning about all aspects of real estate.

Refinance Are you the type of person who wouldn't allow an investor to give you their money until you have enough expertise to KNOW the quality of your team on each of the above aspects.

It's heavily used by professionals in most industries (I work in Investment Banking and this is by far the most important financial indicator) and there are good reasons for that (best proxy for profitability overall, taking into account a lot of aspects of a deal).You can find spreadsheets online that can calculate that for you.

@Jay HinrichsI have not looked into the zoning aspect of it but I would not think it would be too big of a problem.A typical Hipcamp site would be out of the city center where zoning would be a little more relaxed and for the most part, people are not developing 50+ camping sites on their land.

Very area dependent.My wild card in this is finding STRs with a wilderness aspect to it. 

They were there for work opportunities and the social aspects of city living (which are more limiting now).

If I could find one more investor then this becomes easier so I wont have to swing the hammer as much and can focus more on the project management aspect.

Yes but I'm more curious about the funding aspect of things.

You need to understand at least some basics about code, systems (electrical, plumbing, etc) assessing various aspects of the property's condition (roof, paint) and probably remaining life of property features.And when you can do these things sufficiently, then you make offers.

I've probably read 2 dozen or so since on various aspects of multifamily.