This is my first property so of course it's harder to keep my head in the game with %100 vacancy. 

I would probably refi into a DSCR loan.Aside from a relatively inexperienced builder and the risk of a development that isn't "established" yet, what am I missing?

They have degrees and interests in different segments of what I think are important facets of the real estate game, one will be graduating with a degree in construction management and the other in accounting.

Hey Chris, If your agent is only using RCM, they might not be familiar with platforms like Costar or LoopNet (which honestly should not be the case), or they simply may not have the budget to cover the upfront listing fees, which can get pricey.I’d circle back with them, address the plausible elephant in the room, and try to figure out a game plan to get your property on these other platforms.

You might still make some money...or you might loose just a little while you learn....but I think chances are unless you totally mess things up or every part of the deal goes wrong, you end up with most of your money back....AND you learn and develop some relationships.

🌎 Hi, I am based in San Diego, CA.💫 We work with rental property
investors and I’m always trying to learn more so we can educate our clients.❓Any insight you could give would be great!

@Jordan Sachs This is 100% a state law issue... developed through court cases over time.

But do note that there are many of these "resort-developments" in the area.

For brokers, it is a numbers game and most of them want to consistently bring on new agents.You may have to meet with multiple brokers to decide which is the best fit for you.All the best!

Relationships often lead to off-market deals and valuable partnerships.Consider targeting up-and-coming neighborhoods or distressed properties in areas seeing new development or infrastructure improvements.If you’re exploring commercial, maybe start with small multifamily units (like duplexes or fourplexes) before diving into larger complexes.I’d love to connect and possibly collaborate.