I'd expect prices to continue to appreciate, so the longer you delay, the more expensive things may be. 

Continue to expand my bareland funding for land flippers .

They continue to add features which has been helpful and welcome.

Refinance after project, cashed out and continue to receive positive cash flow.

I see 3-5 as a fad.Fractional ownership - way to much overhead for these to be profitable. think "timeshare".STR in non traditional markets - running a STR is a business and real estate, boils down to location location location - who would want to go to a conference and stay in a STR vs. the hotel where the conference is at, most businesses pay for this I do not see why.Mixed use with green - this has been going on for years- it will continue but it is also more expensive to build - which means higher costs to use.Not trying to be debbie downer, I have seen these attempted to be done in the past and they really have not been successful.I do really like the BTR model though as I continue to see that as a very good option in the future. 

This is a great platform to network and to continue to learn.Best of luck on your real estate journey.

what's your intention for continually raising capital?

I recommend continuing to learn pros and cons of each and determine which paths (I pluralize it as you should diversify even across real estate).

If you believe it will continue to appreciate (like most of San Antonio), I would hold on to it even if there's a bit of negative cashflow for the first year or two. 

I also hope airbnb does not continue to get less host friendly.