Always been a dream of mine. Im still young and have a great place to build.
Once I did alot of research and developed a solid business plan, even had up to $750,000 in forgiveable loans and another $400,000 in cash if needed. I backed out very quick when I could see my wifes enthusiasm wane for the outdoors.
No way am I choosing canp life over her and my kids.
So now the plan is a nice cabin on the same lake, with future prospect of adding a few cabins or outposts later on.
My cousin owns a camp and caters to the rich. Our family basically built half the camp for free. Hes laughing all the way to the bank because his clients are all return customers, rich, and would rather drink and smoke cigars than fish.
Another friend owns a camp on wine lake near ear falls. Built it slowly with cash turnaround. Lives a wicked nice life on the lake but thats mainly because he didnt borrow. He used income to grow every few years and stopped around 7 cabins I believe. To boost his business he also rents out the cabins as get aways in the winter. And these are luxury cabins. Hot tubs etc. He lives a wicked life