Do you REALLY need 15 bathrooms in your 39000 square foot mansion? 

When I ran 12 employees churning out ultra high volume apartment painting, we had daily and weekly meetings.

@Kina De Santis doing so here in San Diego and know people closer to your neck of the woods luxury house hacking.

I live in the west end of Panama City Beach, and I'm building a luxury vacation rental in Inlet Beach that I will live in for at least a year.

Going with the turnkey option means that you’ve traded extra potential return from forced appreciation for the luxury of having your time and energy back and having someone else do the hard work for you.For those who work full-time jobs and don’t have a lot of time on their hands to rehab and do a full reno, trading their potential for forced appreciation for convenience is more valuable.

I don't have the luxury of @Lucas Carl. 

Do you mean if he provides seller financing when do you pay him off (depends on your terms and conditions that you agree upon but also when you go to the closing table) or do you mean if you get a loan on the property when do you take ownership (in this case it is when you go to the closing table and sign doc's you would take ownership immediately following that).I have taken the luxury of getting some info about the conditions and requirements about the FHA/conventional requirements as they relate to dis-qualifiers.  

The other waterfront properties around here are clustered into developer specials and either small cabins (think hotel room - no kitchen - but smaller) or massive (they are 5/5 and luxurious "high-end" houses).

The thing is, in the Riviera Maya, the hotel occupancy rate is above 80% and above 90% for the luxury hotel so you can do well even if you're a lousy operator.

On the north side of town, you'll see a lot of metro east people building 500k houses on the north side of town that end up being the size of mansions and then just making the 35 minute commute to St.