I wanted to share my situation and get some advice.I currently own an apartment in a highly developing area in Guaynabo, PR.

You’ve developed a moderately fast wealth accumulation strategy that’s relatively low risk, enabling you to ride out down cycles, negative cash flows, unexpected necessary expenditures, etc.  

Also, if this is a regional flood, Fire, Tornado or Hurricane issue; replacement costs will be even higher.F. 

.: Hi Everyone,I am looking to develop passive real estate investment opportunities, but I am not sure if I completely understand what investors look for when investing in certain passive real estate investments, or real estate in general. 

It's in a newly developing area with houses being built and other lots selling nearby.

Regarding the HOA and CC&R's, the builder can make changes to the CC&R's pretty easily while the development is under Declarant Control.

Don't wait for problems to happen before developing a solution.

I'm an experienced builder and developer looking to network with other developers, investors, and syndicators. 

Price $25,000 they could have developed and rented.  

The biggest employer in the region shut down about a year ago, and over the past year, the area was directly hit by three hurricanes (two of them major).