@Gunnar Teltow  "Personally, I'd rather shoot for making $15-20k" That is not enough spread if somting goes wrong.

By looking at the demand hotspots in Okaloosa Island, one can identify two demand hotspots, west of Highway 98, represented below: Some observations: The area around Breaker West Condominiums exhibits the lowest occupancy rate, average daily rate, and average stay.The area southwest of Santa Rosa Blvd. features a higher number of Airbnb listings (with +30 reviews in the past 12 months), spread across a larger area.As a result, we will narrow down our analysis in the following sections to the area southwest of Santa Rosa Blvd.

Money is made on the spread.

Rock solid paper and the discount was the same as we were doing 7 year term at 13 or 15% cant recall which one.. if you have enough spread in what U pay for the dirt and can then sell it for its a great way to do this. 

$136,869 spread over some number of partners?  

A good spread is 30%+ profit after accounting for purchase & rehab costs.  

Hello Robert,Grateful for you spreading some wisdom on my post here.

Then they still have to pay you the balance owed when they refi after they created a nice spread on your now lower mortgage.4. 30% increase on your profit. 

As far as communities in the area, you’ll find older resorts like Windsor Hills or Emerald Island that are a bit more spread out and closer to Disney.

I find VERY few deals where you can have over a 200k spread on a 500k or 600k house.