@Charles Burgess To be honest with you, the chances of you buying a lot and building on it for less than the cost of buying an existing property are pretty low.

I'm always happy to be a resource and help you evaluate and underwrite deals, both to buy existing and to build.

Its API-based design integrates with existing loan origination systems and scales to accommodate growing portfolios. 

The only change to the existing law was to expand the definition of "Provide real estate brokerage services" to include the following:Regardless of whether the activity is engaged in for another person, engaging in the buyer or selling, offering to buy or sell, or marketing of real estate or otherwise dealing in contracts, including assignable contracts, for real estate or options on real estate, on two or more occasions in any 12-month period.Principals buying and selling on their own account clearly fall within this expanded definition.

If I was booking a vacation I'd be on to the next listing pretty quick I don't see anything particularly unique or cooler about this property that would make me want to stay there over anything else.

Unlike Mexico, where foreign loans and conventional mortgages are non-existent, the mortgage rates and programs for buying a home in Puerto Rico from the US are not only available but actually attractive.

This isn't like a court battle where everybody has their back up against the wall ... trustee and lender may be willing to work with you.As the property owner you have the right to protect your interest by reinstating the existing loan, that's not to say the lender, after reinstatement, can't start a new foreclosure based on a violation of the due-on-sale clause, but may not. 

They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck

So all the new law did was basically make clear an opportunity that already existed.  

Find a property you’d want to own where the owner is willing to sell with owner financing or subject to an existing loan.