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I would suggest finding a small town with a lot of undeveloped land in a geographic location near a large city, but not too close, and close to a class 1 mainline. Then work with the local city council, and business organizations to put together a tax and capital plan that would be attractive to prospective companies to relocate to the area. Identify available lands and with input from the city council, residents, local developers, develope a plan that can be presented to prospective companies. Such plans should take into account road access, sewer, water, nearby housing availability, phone and information service, as well as construction permitting and architectural theme. All of this has to be presented as a package, so a prospective company can see, number one, that everybody is on the same page, and that buying in will be a trouble free and positive experience. What I am getting at is instead of trying to revive an old line, start from scratch, and develope an industrial short line serving a campus of businesses developed by yourself in conjunction with local interests and prospective companies. This will give you a maximum of traffic with a minimum of track and equipement, controlling your startup costs and having ready made costomers from day one. I could be wrong, but is this what companies like RailAmerica does? Such a developement would be a win for the comunity, businesses, and the line serving them. Having a solid costomer base could then serve further developement in the future.
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