I also have a development project on a condo that is about to break ground in Mexico. 

If you visit, you will see many commercial developments in the city and new single-family homes continuing to be built in the suburbs.

The original “cash is king” was a saying that was developed during the ultra high interest (mortgage rates hit 18%!)

City officials plan to make the Queen Mary a centerpiece of their Olympic tourism strategy, alongside hosting five Olympic events.In addition to refurbishing the ship, Long Beach is developing its downtown and waterfront areas, including a new amphitheater and commercial spaces.

Building small units in small unit count is some of the most expensive development.  2) the financing on an ADU is typically far worse than for initial investment property acquisition or is often not leveraged (HELOC, cash out refi, etc).

I am looking at a prospective out of state long distance deal that has been difficult to obtain lending on as there is both a regular home and mobile home on the same property and the mobile home causes the potential investment to not meet conventional guidelines and therefore not even DSCR loans are an option.

I want to give them a benefit of doubt, but I wonder how often you had a list of 10000 prospects, a power dialer to call 2000 numbers a day and speak with those you were connected to (approximately 200 prospects per day_, and still got only 3 unmotivated seller leads in 5 business days?

Plus the developer will take care of maintenance.

Most of us doing it a long time have developed systems so that we handle these things efficiently.  

For instance I was seeing insane growth and development in pasco county, wesley chapel areas outside of tampa, and actually had a hell of a time finding industrial space in Bradenton FL, so at least on the commercial side of things from my limited experience there didn't seem to be a down turn or softening, so its so interesting to here your take on your local market there as well.