I'm a new RE investor in general and my intention was to shop around here if anyone is wiling to offer a better rate than my current one.I mean no harm/offense to any lenders out here, but I thought it would be a 'fun' post to do to attract some attention and traffic.

That's because that is all they know and somehow there is a status symbol attached to it.What did Kiyosaki say?

Commercial loans are much more lenient but generally have less attractive terms (e.g., higher rates, shorter amortization, balloons).The six to 1 year "seasoning" requirement is for cash-out refinancing. 

You can get by with just one, but 2+ is certainly attractive to renters, particularly short-term guests.

For such a community, I think pickleball courts, walking paths, and dock access to local waterways would serve as enough incentive to attract homebuyers but not incur high HOA/increases to retail price. 

I'd love to get your feedback on which option you think is more attractive and why.Option 1: Equity Partnership- Target Properties: Single-family homes, multifamily properties, and land for development in prime locations.- Investment Term: 5 years - 10 years- Equity Split: Investor 80% / Sponsor 20%.- Preferred Return: 8% annually to the investor.- Profit Sharing: After the preferred return, profits are split 70% to the investor and 30% to the sponsor.- Management Fees: 2% of gross rental income annually.- Acquisition Fee: 2% of the purchase price.- Disposition Fee: 1% of the sale price.Option 2: Debt Financing with Equity Upside- Target Properties: Single-family homes, multifamily properties, and land for development in prime locations.- Interest Rate: 6% interest only for a term of 5 to 10 years- Prepayment Penalty: 2% if the loan is paid within the first 3 years- Equity Upside: Investor receives 30% equity of the appreciationWhich option do you think is more attractive and why?

This means attracting businesses that provide jobs within the city and creating more shopping options.

With effective management, properties in the right neighborhoods can yield handsome returns, potentially meeting or often exceeding your 7-8% net target.Regarding the most attractive area:Each neighborhood you've mentioned offers unique benefits:Miami Beach: A world-renowned destination with high demand from tourists year-round.

The less attractive view and smaller units get very close to your example numbers and sell all the time.

they are the #1 tourist destination in the Caribbean, nice beaches and condos are extremely cheap...I personally would not buy a house in a hidden gem that no one knows about....that just sounds like low occupancy and low prices to attract people.