Bring on your stories and wisdom!

They should be bale to guide you more based on what you are looking for in the area. 

It sounds like you've absorbed a bunch of problems already and a new sewer line and the current basement situation will cost you way less than the $50K in fees to sell it. 

Based on your situation, you will likely need to recapture the depreciation when you convert the property from a rental (STR) to your primary residence in 2025. 

Feel free to keep us updated on your findings here.

This is prime real estate, and is just about the last piece of land in this area.I have begun to develop a commercial property that I own with contractor garages, which is the extent of my experience in this space.I'm trying to get a sense of how to structure something like this, with using LP's, and also partnering with a builder, and carving something out in that regard.Does anyone have recommendations on who is currently working in this space and could provide some insight?

Hey @Brett RiemensniderThere are a TON of banks/credit unions that will offer as low as Prime on a heloc on your primary residence.

Best experience is hand on training, and not some workshop making you go back to pay for free information online. 

It's an integral part of keeping me whole and keeping the guests in line.

While you work on that, you could also explore creative financing options like DSCR loans or partnerships to fast-track your first STR.