And as a web/software developer I'd love to build it.

If done right this helps people who do not currently ave the ability to buy to own a home... and when I fix up an EYE SORE home I help the neighbors and provide a good rental or owner financed home for another family.When I work with the "infill" development , we take unusable homes tear them down and rebuild brand new duplexes to rent to affordable housing needs (sec * and FEMA) and sell the Duplexes to investors that are like minded and want to better a neighborhood while they invest...I think I can some up Investing in real estate in " Instead of just making Money..

Well, it's a small development.

You are allowed to choose the parties who are to be gift recipients, so develop a criteria for this.

J, Being an active real estate investor and developer, I can say that you should start out in wholesaling.

If so, what is the most effective way to get it in front of the right audience (Hotel Developer?)

(a) (1) "Rent skimming" means using revenue received from the rental of a parcel of residential real property at any time during the first year period after acquiring that property without first applying the revenue or an equivalent amount to the payments due on all mortgages and deeds of trust encumbering that property

I have been in Real Estate for awhile, had a RE license for 8 yrs, developed land and built a large marina in Delaware.

There will be a new Detroit somewhere when they develop this well.

It sounds like it is possible based on what I have read from this site, but it is a matter of finding the right lender and developing a relationship with them.