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I am 35 minutes away, one exit up the highway.
Sweat equity aint happening.
I am already building my retirement cabin across the street and don't have the time or back to build two at the same time.
Need something income producing quick so I can build on the other lots.
Yes everything will be rental grade-ish.
But this is a lake front community with $M+ homes.
Don't want to skimp too much.
These lots are across the street from the lake but do have lake access and lake view.
No direct comps, nothing developed on non-lake side yet.
With the awesome views and boat ramp really close a decent cabin should pull in some cash during the summer.
Also thousands of acres of ATV parks within minutes so year round rentals are possible.
Any issues with borrowing against my 401k?
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“The wave is not the water. The water merely told us about the wave moving by” – Buckminster Fuller
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