HMLs are ideal for value-add strategies, where investors purchase, rehab, and then reappraise the property to pull out equity and reinvest, or to sell the property. 

Unlike REITs which lose value, RE will never lose enough value where your down payment is lost.

When you build from the ground up in todays market you are paying top dollar for materials, builder costs, land lots, rates, etc.Log cabins can be tough because most appraisers will only use other log cabins on an appraisal to support value.

Issue is that if I refi at 175k value I will be way into the negative cashflow, like a couple hundred dollars per month negative.

Declining local economies invariably hurt home values.

I DO like dynamic pricing tools, but for a single property I don't think they add enough value for the cost.

Rents are high compared to property values so you can get good rent flow. 

I am willing to do some value add.

The speaker tried to give value.3.

Having a target audience and adding value to that traveler will be most important.