I am working over these next few months to learn as much as I can to develop systems in order to analyze the next market we will move to.

We have literally thousands and thousands of jobs being created right now between different developments, new cash heavy businesses that will bring more investors, not to mention all the investors that have been flocking here ever since Covid.

You could put in a range of numbers for purchase price and closing costs, renovation expenses, and expected returns and you could very quickly get a range of projected return on investments (although an excel spreadsheet could easily do this as well), but I'm sure as technology develops we will see even more sophistication in AI's ability to assist in deal analyzing.

This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.

I had hear the island is massively lacking in hotels so it makes sense there are incentives for developers. 

Lenders get paid at closing.Consider developing a better process to find and vet your lenders, Torianne.

In the future, we aim to get into fixer-uppers, development, etc., but for now, we like to only consider semi-stabilized (with minimal deferred maintenance) or fully stabilized, cash-flowing properties. 

Or buy a Contractor display home in a new upcoming development.  

Now I own a thriving property management business, run a real estate team helping other investors learn how to grow and scale their portfolios, I have my own modest investment portfolio and have two development projects going at the moment.

However, you have to invest in specific communities where they are encouraging development.