.: 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. 

I'm also in FL and am a RE investor (STR/MTR/LTR), developer, and just love RE and the freedom it brings.

The description states the property is "ready for rehab and development".

McKinney and Princeton have been growing a lot and it is a good place to invest, but it is always related to what you are looking to achieve in a rental investment, appreciation or cash flow.At this time that area does not offer a big cash flow and due to the amount of development going on there, rental demand has declined a bit.In any case you have to make an analysis case by case.

We’re developers managing our own portfolio and don’t have any outside investors.

I’ve been considering working for as a acquisition manager for a  wholesaling company, as I believe it would help me develop skills in property analysis and enhance my sales abilities.

Build a strong team, prioritize cash flow, and take the time to understand the local market and regulations, especially for development projects.

We sold a wonderful two unit STR in Depoe Bay in 2024, which generally is a no-go zone but has neighborhoods with specific commercial zoning that allows for vacation rental usages as well as a brand new development of luxury homes that allows STR usages similar to Olivia Beach in nearby Lincoln City. 

When it comes to analyzing properties, I’ve developed a specific checklist to make sure the home fits both resident needs and operational goals:Square Footage: Ideally, at least 2,000 sq. ft. to ensure enough living space for residents and staff.No Stairs or Pools: It reduces liability and keeps the home accessible for everyone (this is just my preference).Corner Lots: I love corner lots because they often provide extra parking and outdoor space—both of which are critical for families and visitors.

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