Naturally, she wants to be in a more comfortable environment to welcome our son into the world.However, there’s a legal hurdle.

While it’s not impossible to close in mid December and still meet all requirements of the STR loophole, it will be extremely difficult due to the nature of hitting 150 hours, having it rented for 15 days or greater and having the avg stay be no greater than 7 days and not a decimal more.

I'm also confused by the nature of your charity.

Start with whatever your son's natural talents and inclinations lean toward.

Eventually it becomes second nature.

By nature a business is all about cash flow, equity is second.

To have enough discretionary funds to be able to invest at this level means that even if a deal goes completely down the drain, I can still feed my family, tithe to my church, pay my bills, and try again later.I do appreciate the probing nature of your questions!

Naturally my DTI is high, however my only debt is our primary residence mortgage I have had since 2020.

As a GC I'll still try to negotiate a DP, perhaps only 5-10% (maybe even less depending on contract value) in this arrangement, but it's def not a deal breaker if those terms aren't incorporated into the contract since the largest capital outlay is not part of my scope.

Due to the nature of the STR property criteria in Cape Coral, it's very rare that a STR could be converted to a successful LTR.