Another idea is to partner with someone who is located in PR and better understands the market. 

You can tackle your scenarios pending what you have in the background working for you (debt, a helpful partner, your health, etc).

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?

A broker shall not be responsible for supervising, nor shall the licensee be responsible for operating, within the scope of the brokerage or within the requirements of this chapter, activities that would be considered property management, including leasing, maintenance, and repair, so long as the real estate being managed is "individually owned" or "entity-owned" as defined below:(1) "individually owned" real estate is real property in which the licensee holds an ownership interest; and(2) "entity-owned" real estate is real property owned by a corporation, limited liability company, partnership, or trust, within which entity the licensee holds an ownership interest as an owner, trustee, partner, or officer, or in another beneficiary capacity.

My recommendation is to partner with th someone who has a lot more experience before jumping into a syndication after owning one property for less than a year.

I believe interest is tax-deductible if used for property improvements or purchases, and it gives you quick access to funds while keeping your stock portfolio intact.Private Money Loan: If you have a trusted partner and terms that work well for both parties, this could be an efficient solution without tapping into your other assets.

I also have a lending partner who can finance STR deals with only 15% down if you wanted to preserve some capital.

You typically offer it to your partner first to see if they will buy you out.

In fact, approximately 40% of our business involves the Section 8 program.If you’re considering a property management partner, I’d be happy to discuss this further.

With a smaller syndicator you will have access to the general partners for questions or phone calls.