Any insights here would be great!

Perhaps you could consider hard money in addition to private money?

Thanks again Jay for weighing in, appreciate your insight. get a couple in the can then you can adjust..

Another option would be working with private lenders to see if they're open to your idea should you need additional funding. 

Budget Wisely:Make sure your budget accounts for the purchase price, the cost of the renovations, and any additional charges involved in flipping a house.

I think this will all start making more sense once you start analyzing deals and working with an agent that can provide some insight. 

Appreciate any advice or insights from experienced landlords or investors!

This is prime real estate, and is just about the last piece of land in this area.I have begun to develop a commercial property that I own with contractor garages, which is the extent of my experience in this space.I'm trying to get a sense of how to structure something like this, with using LP's, and also partnering with a builder, and carving something out in that regard.Does anyone have recommendations on who is currently working in this space and could provide some insight?

HOA is currently $172/month, with and additional $44 for club fees, covering club amenities, including a gym, boat lift, a restaurant etc. 

Any tips or insights would be greatly appreciated!