This demographic trend contributes to a consistent demand for rental properties.7.

Smart people - if I own 24 buildable lots appraised ~$1.6-1.8 million in total (assessed by town at $1.4M), what do you think is the best way to build out the homes (notionally $300-400K builds/$450-550K sells) and make money: a) putting the least money out of pocket into project, and b) NOT signing on construction loan(s) if possible? 

Of course, you could 1031 with the current ownership structure and then, after buying the next farm, create an LLC and contribute you and your father's 50% interests in the next farm to an LLC.  

I have taken part in over 300 real-estate transactions in the Riviera Maya over the past 7 years, and I know which developers are doing a great job contributing to this area and which have had problems with developments in the past.

A prepayment penalty buys down your rate for you without you having to contribute more points at closing.

It's all just a shell game until you establish and contribute to a retirement plan.  

On you books, it would look like this - You personally pull money from your HELOC, you contribute that money to your LLC, you personally pay the interest on that HELOC.

I look forward to learning from you and contributing to the group as we all work towards having better lives for ourselves and our families.

These factors contribute to each opportunity possessing unique characteristics for every investor, in addition to the learning gained throughout the process

I believe that with the right guidance, I can overcome the learning curve and contribute meaningfully to our mutual successI'm thankful in advance for your comments and responses!