Multi Family Property Deal --- Need HELP!!

[Anthony Jaffa]

Hey Guys!

I am involved in my first large deal with a silent partner. We are purchasing 1.39 acres of land and plan to utilize a workforce housing ordinance through the county to reduce the required lot size to fit more houses onto the land. We are forecasting 14 duplexes situated on this site. Can someone please advise me on the pro's and con's and keeping the lot as a single lot with all 14 duplexes on it or subdividing each lot to have 14 individual lots? I am located in FL and am not sure of the requirements necessary if we keep it as a single lot regarding forming an HOA, maintenance of the common grounds etc. Any advice would be appreciated!