Understand your short term and long term goals.

Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.

At best, you will add another income stream to your portfolio.Thank you so much for your feedback and understanding. 

The market here offers a lot of potential.I highly recommend making a trip here to get a feel for the different neighborhoods and understand where the best opportunities lie.

@Rene Hosman, it’s awesome that you’re looking into ways to invest your HSA funds!

From what I understand HOA/POA dues don't get wiped out with foreclose sale in FL, so if you see a $150,000 condo get sold for $50,000, could you still owe $100,000 in back HOA dues and special assessments?   

If I understand correctly your siblings goals are to sell their rental properties, use the funds to purchase a primary residence they'll eventually move into, and limit their tax liability correct?

It is an awesome system and does everything for single and multi family management, makes our difficult job so much easier.

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

Explain to me, so I understand.