Being a remote location might already limit client base.

, whether there's a high water table that encroaches on any underground utilities or foundations (and does that water table have significant seasonal water level variations), encroachments by roads or other improvements on your property, limitations imposed by easements or rights of way, etc.

One of the major driving factors for increased premiums is the carrier's requirement for higher replacement cost limits on file for buildings. 

Also, you will have additional occupancy tax depending whether you are in the city limits or not.

Control and Flexibility: With an SDIRA, you're not limited to stocks, bonds, or mutual funds.

You need a firm estimate for the remainder of the work as your funds are limited (like most people who don't have an endless amount of money). 

While your condo snowball strategy builds equity, modest cash flow and HOA fees may limit returns.

Like you said, I want to seed different strategies I can implement with the limited capital I have.  

I limited each season to 20 people. 

Short term, leaving financing in place during rehab prior to resale — great strategy with limited risk to either party.