I hired my own expert and discovered these issues did not exist but that the expert the 3 buyers had brought in wanted to be hired to do the work so they blew them out of proportion.

At this time the interest rates may make keeping your existing home a better option than times when rates have not risen as substantially.  

The foundation was already approved, permitted and finaled years ago for a 3400 sf house, and its solid and I won't be building directly on the overhang edge; but rather back away from the edge a few feet to prevent any load issues all the weight will be on the longer sides of the existing footing.

@Frankie Paterno In most places you will likely find that your $1.2MM will go much further with existing built as opposed to developing.

For those holding hope they will fall and save existing deals, don't hold your breath. 

In my area (near the beach) its mostly families and they want cabanas, baby items, chairs, coolers etc that we do not provide but I have a local vendor that delivers and picks up these items and charges a few dollars per day for each item, and give me a 20% referral. 

I have other existing consumer products.So I would outfit the RV with Solar and Starlink to provide power and internet at all times. 

This is virtually non-existent with SFH's but is commonplace with 2+ units.

Also consider all lenders will require to review your insurance when underwriting a loan and it's likely a violation of your existing loan documents to let the properties go uninsured even if they didn't require insurance escrows. 

STRs, including 2 of mine existed before AirBnB.