I'm also in FL and am a RE investor (STR/MTR/LTR), developer, and just love RE and the freedom it brings.

Follow economic trends and determine which areas have the best opportunity for economic development and prosperity.At the end of the day, you're looking for investments with the highest returns. 

I ran your numbers through my own development proforma analyzer and it looks really good as a DSCR loan. 

Duplex Development Made Easy - SB 9 permits property owners to convert single-family lots into duplexes.

Plus, you get amazing appreciation potential due to how much population growth, job growth, and companies moving and developing here.

Growing up on one of the Ranch's in Northern Ca my dad bought to develop 2k acres.

Here, we got a ton in the hood, which there is no real demand for anything to be developed, so these buildings are generally worth very very little.

The government of Costa Rica has a policy to limit development and doesn't invest much in infrastructure to bring tourism.

A Surge in SupplyCharlotte’s rental market saw a notable influx of new units in late 2024, with several large developments hitting the market simultaneously.

experience: I’m on my 3rd flipage: early 40sday job: brand and web design/development retirement savings: noneI want to learn about buy and hold to secure having SOMETHING for retirement!