My friends in Panama are asking me to wait as market continues to slide.

A solid financial foundation indicates that the sponsor can handle unforeseen challenges and continue operations smoothly.Track Record EvaluationAnalyze the sponsor's historical performance on similar projects, including timelines, budget adherence, and overall project success.

Most are forced into settling or go bankrupt fighting and did nothing.

One stated continuity of obligation issue the other said I have to have 6 months to a year payment history.

I will continue shopping around this coming week. 

We figured the septic permit from the county would be sufficient - but turns out our foundation quote/budget was way too low due to soft soil.We're trying to figure out if we can get the land under another type of financial instrument and continue with the RV plans without putting a home on the property. 

So, if you have a potential profit of $200k that is a pretty significant tax savings if you sell now that you will eventually lose if you continue to rent. 2.

Invest back into the property to get a higher rate/occupancy, fight for just being the lowest price and cleanest rental in the area, or explore another exit strategy (sell, MTR, LTR, etc)

I have already learned a ton from the process and at the end of the day if one or more of these providers stands out then I will continue to build with them.  

That doesn't turn around overnight, it takes years to rebuild.Given the less competition and the lower appetite for risk the remaining carriers have, I think we're going to continue to see some big premium increases for the next few years, especially for those people with claims on their records.