Pink and Madonna followed with nearly $200 million each.

Please think about this between now and then; bare bones, you need some education and access to tolls (assessor data and bulk mail printing) to but property right.

Rahul, I have about 10 you can talk to. you'll also want to have an equity partner with new build experience so you can get the best terms. most of ours are national lenders. we doing joint parnterhsips for new builds and take a small interest in a single purpose entity for example:Rahuls New Build LLC (95% owner)Pink Development and Construction LLC (5% owner, no voting or distribution rights)Take title to "Miami New Build Limited Partnership LLC" which is a single purpose entity. 

Super higher leverage that the purchase can't be approved by agency loan.In all practicallity , the era of 2016-2020 by aggregate should only produce 7-8% IRR if one correctly and conservatively.They targeted the naives investor in biggerpocket that lacks basic real estate valuation.The real problem is really the era of 2015-2020 where folks are treating CRE just like OTCBB pink stock and promoting it as a safe haven.

Yet, I barely survive thanks only to the pandemic era low interest rates and tax abatement.

House was barely passable. 3.0% interest rate.

I care about total return and have barely a concern about the source of the return but try to minimize the return from cash flow due to the tax consequences.  

Something like pink and green striped sheds, ugly art like gold painted toilets.

I would essentially need a partner for this little project, the zone is an R16. since I'm new, I barely know that r16 is a single family resident, zillow says potential subdivision.

Of course, if you think Florida is barely at the beginning of its correction, and has a long way to fall, then I get it.