They just want a safe place to park their $ and have faith it will grow safely via appreciation in the US housing market and generate cash flow.

I'm brand new to this whole REI thing with a grand total of 0 investment properties...but looking to grow!

I have an opportunity to purchase 10 high dry acres for $500,000.00 near my current home which is considered a more affluent and growing area.

Keep on growing.

Location of property: 30 minutes outside Asheville in a great short-term rental area with growing demand.Purpose of financing: Purchase OR purchase/reno/constructionType of financing sought: Open to all reasonable solutions.  

They are not concerned about making huge money off of this deal and are ok with just pocketing the interest difference and knowing that they're helping up grow our business. 

Would love to get connected with real estate investors in Utah to help each other grow!!

As far as Davenport area, it is growing rapidly.

Most entrepreneurs fail because they stop growing.

If you had identified the property, the cost, the travel cost would be added to the basis of the property and depreciated.These initial investigatory costs are treated differently for flipping and rentals1) Flipping: the travel cost to investigate will be treated as a business cost and deducted as an ordinary travel cost.