@Joe S.There are ways to syndicate a deal initially wherein the GP lead sponsor can buy all the investors out a few years into the deal generally thru refinance after the business plan is executed and value increased.

Quote from @Jesse Turner: From what I've seen and heard, construction on the USVIs is very expensive because materials must be shipped in and there is a dearth of labor.I plan on inflating my expense side of the analysis significantly to make up for the expected increase in material costs. 

Definitely a lessons learned to increase rate or not allow extensions if arbitrage is expected.

HOA management companies seem to be increasing fees for no reason except to hold more cash without actually making improvements. 

That might be an appropriate rent increase, but it is not a panacea for fixing the financial problems with the project.

Turns out, as we all expected, the law wasn't followed at all regarding the gouging tax increases last year.

I am American, but I moved outside the states a couple years ago, but I expect to start spending more time back in the PNW in the the next few years, and a stretch goal is to be able to accommodate friends and family when they visit, which should be increasingly frequent.

Your investment will grow with the market, which based on our geography will continue to be increasing for a bit since we are so limited on supply.

Have you already seen an increase of demand in the market?

Since commercial property values are based on the amount of income generated, these improvements, along with market appreciation, typically lead to a substantial increase in the overall value of the asset, thus leading to sizeable profits upon the sale.Summing It All UpSimple enough, right?