Parts of souther FL are seeing booming numbers of foreclosures almost out of nowhere.

Needs to be 75 percent sold before a shovel hits the ground,  than the developer can take that to the bank to finance the cost of building.  2 to 7 year term depending in deal,  20 percent target annualized rate of return. 

They dont want an application , once I tell them THEY are responsible for cutting the grass , leaves , and snow shoveling    ( one property is almost a full acre covered with oak trees , BIG ones)   The other 2 are a bit over 1/2 acre .  

I started shoveling my driveway at 7 this morning.

Now transplants to FL are primarily east coast (not all but a lot).

I would be cautious buying near the water, I believe you will have to get flood insurance and overall home insurance may be difficult to buy and/or really expensive in FL.  Are

. - save money, with side jobs (mowing, snow shoveling, other) - use wholesale money?

They come after YOU also for failure to shovel, not the LLC. 

Use your valuable time finding good deals, not doing pick and shovel work.

will it flare up next winter.