Show me one business endeavor that doesn't have it's own "gurus" and snake oil salesmen and I will say it's a better endeavor than the real estate business.

You're better off self managing or going with a local company with boots on the ground.

Many people invest in real estate using an SDIRA or even better a Checkbook IRA.

My initial thought is that the developers may have gotten a much better deal than they would have otherwise given the clear limitations on the land's use.

You need to do the research too if your area would be bringing in more money as an STR, some areas would do better as a long term rental as well. 

Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.

Tenants are more likely to trust landlords who demonstrate a commitment to fairness and legal standards, leading to better occupancy rates and long-term success.Adapting to regulatory changes is an essential part of being a successful real estate investor.

If you have scorable US credit, you'll get better terms.

This will still qualify for a residential mortgage and you have a better shot of completely offsetting your entire payment.

Current job sucks, new one could be better?