People need to do their own evaluation of what asset class(s) is going to grow their retirement account as quickly as possible.

So I decided to hold off on purchasing more properties and focus on growing my construction company.

If you are focus on growing your portfolio, then use your time on more value driven task such as research, acquisitions, or capital raising, and leave the daily operations to a property manager. 

@Alessa LeSarThe BRRRR method is a way to grow a a limited-capital real estate portfolio by buying homes, fixing them up, renting them out, refinancing, and doing it all over again.

My primary question is: Should I focus on buying a multifamily property and growing slowly to build a stable financial foundation, even though my area would have minimal cash flow and be more of an appreciation play?

Plus, you create the content once and it works for you over and over.Finally, I would try to create more value than you receive in return as that will grow your business more than anything.

Generally, the islands and the City of Sarasota remain open to STRs, but there is growing pushback. 

You'd pull 10% of THAT to cover your expenses, and your account would keep growing..Look at your opportunity cost / alternative investments...

I’d like to grow to $300 Million in velocity of money.

I asked what they paid for it and they said $4,000 - I asked what DD did you do and they said the county tax value was $6,000 so I was getting a deal… I asked him if he was a Gardener as maybe grow some veggies on it but other than that it’s useless and no one will buy it