On the investment side there are quite a few elderly people in very bad circumstances.

Speak with the director of development (they're not always titled that way, so just ask for whoever deals with area developments, new construction, rezoning, etc.) to ask if they'd be supportive of your plan.

It's our least developed beach.

Buying turnkey rentals, you are generally paying more and allowing the provider to capture the profit from developing the property.

Wonder what they charge developers to access their capital resources.   

What were the circumstances surrounding these claims?

Another focused on National Realty Investment Advisors, a New Jersey-based firm with a big Philadelphia property-development footprint that promises large returns to investors on national TV and radio ads.

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

It's one of the hottest markets in the US right now with so much population growth, job growth, and companies moving/developing here (26B Intel headquarters being built here, 68K+ enrollment in Ohio State University, Amazon, FB, Google, Honda, Nationwide, Anduril, etc.).

One of the biggest issues is probably borrower default—whether due to mismanagement, market downturns, or unforeseen circumstances, lenders can end up in long, costly recovery processes.