Trying to find the most tax efficient way to go about this.

If the property isn’t already zoned for multifamily, you might need to go through the rezoning process.

If you know a good PM that does MTRs, that's a great route to go.

If you just need recommendations for where to go, things to do, places to eat I'm more than happy to share tips. ...While you're here Please visit downtown and of course, the beaches...Downtown is small and flourishing area with many places to go and eat that are highly walkable. 

I mean people in the MidWest need to go some place if they can't come to FL.

Ya know, I wonder how many reached out airing how upset they are with the situation, there strong desire for a different outcome, and asking how they can help to make that other outcome a reality????

I really can say that everything needs to be perfectly handled without any room for error.However, you do not need to go and study all aspects of Dodd/Frank, Safe Act, Senate Bill 43, the Property Code, the Finance Code, insurance law and all case law regarding wraps. 

Maybe land isn't the way to go? 

When he had to take a step back for health issues from what I understand the company seemed to go a bit sideways. 

After studying the many ways of becoming wealthy, I chose to go the real estate investing route.