How's the wholesaling business going?

I have some upcoming repairs needed that outweigh the Homestead Exemption and plan to make my primary home a long term rental in the next 7 years but the repairs can’t wait.  

@Tammy Elias The lease is tied to the property, not the management company.

The usual way, but not the right way, to try to buy a rental is by finding a property on the MLS, where agents congregate, make an offer and then try to get financing to buy the property.

@Rich Davis "The difference is I'm in Maine, where the evictions laws lean landlord friendly.

Commercial deals are going to look at your qualifications as an investor as well as the DSCR value of the property supporting itself (at least here in the USA).For construction, you will need to look into licensing requirements such as a GC license.

It's all the about the location and the view.

The first mistake is the property is free and clear.  

For example, what is the cost of living now and projected in the future? 

Or the developer can close on the land at risk but they have a lot of capital when that's the case.