I considered offering cleaning/hospitality services to other people in the area and creating a mini business with that, but I'm open to creative ideas to gain a flexible schedule with two young kids, aging parents and a business.

I don't think one can calculate using typical flip 0.7 minis rehab since will live in At least 1 yr (RBR), 2 yr (flip and no cap gains). 2.

A lot of investors do this — it's basically a mini BRRRR strategy (Buy, Rehab, Rent/Refi, Repeat).

You’ve already taken major strides by turning an inherited property into a potential income-producing asset, and your mindset around leveraging the equity is spot on.With 5 acres, a paid-off home, and two additional structures with electricity already in place, you’re sitting on a high-potential mini compound and there are several creative directions you could take depending on your goals.Here are a few thoughts and strategies to consider:1.

Hey all, does anyone have experience on zoning and building for mini storage units?

Keep the back bar with the sink and mini fridge for snacks, drinks, and a fun movie-night vibe.

Or at least looking for something with 3-4 rooms that can be rented as a mini-hotel rather than a one room villa.  

The investor is also able to see an ROI as soon as he get the property rented.I found that this type of investing works for mini investors in your situation.

About biggest "drama" I had seen is when there was a pitch for "what about mini-storage", which we discussed for some time, I equipped them with all the realities of it, we developed a few real world potential, really fleshed it out, "board" meet, reviewed, and decision was made of why chase shinny things when on a good proven known path.

This one consisted of 12 mini industrial / contractor units and 20 large RV & boat storage / self storage units.