The associates I know at the moment aren't in this realm and I would like to have some sort of guidance moving into this next steps.So I'm looking for developers/mentors to help me move forward.

While I understand the risks associated with investing in areas unfamiliar to you, my budget forces me to do so.

-Sent Deposit to builder February 2022. (13.5k) -Surveys, Site Plan, Septic Design approval initiated: February 2022-Completed Survey/Design Package completed and sent to city of Cape Coral: June 2022-As of August 2022, Permits are still under review by city. 

I'd really like to find someone here who has dealt with them :-)Hey Randy, check out the American Association of Private lenders.

ALTA survey, utility survey, etc.$100k per building, I'd say not usually. 

Even if I were to rent it out on Airbnb, the cash-on-cash return isn't very attractive.Specifically, I’m concerned about:High mortgage payments and the financial strain it could cause if the property doesn't generate sufficient cash flow.Cash-on-cash return is low, even with high-revenue short-term rentals.My Questions:Risk Mitigation:Any strategies I can use to mitigate the risks associated with owning a high-value property with a large mortgage?

First, let me say I’m not a lender or mortgage professional—I’m a real estate broker associate based in Miami, Florida.

Longer Tenure in HomesData from the National Association of Realtors (NAR) shows people are staying in their homes for a decade (see graph below):This increased tenure means homeowners benefit even more from home values growing over time.

Consequently, it’s up to these companies themselves, not demand from investors, to set the value of their shares.Non-traded REITs own about 10% of the $2.5 trillion in real estate assets held by REITs, not counting private ones whose shares are only available to accredited investors, according to the National Association of Real Estate Investment Trusts, a trade group.The SEC and the Financial Industry Regulatory Authority, a self-regulatory organization for brokerage firms and exchange markets, issued investor notices in the mid-2010s that warned of potential risks from non-traded REITs.They include a lack of clarity as to how shares are valued, difficulties in selling shares readily, high fees often paid to managers with possible conflicts of interest, and the potential that investor cash and loan proceeds can be used to pay dividends during unprofitable periods.More recently, high-profile investment firms such as Blackstone Group and Starwood Capital Group have started their own non-traded property trusts with offers to disclose more information, charge fewer fees, and allow shares to be cashed in more frequently.

Finally, short-term rentals can offer potential tax advantages, as many expenses associated with the property may be deductible.