@Sheri Fluellen, I completely undersand and I hope it works out for you.

I have 2 options:- finance the construction pre-selling the apt, and take my profits (expected to be around 700K pre-tax); or- finance the construction with a 6-7%/year loan (collateral = my house), keep the 10 units, and once the building is completed in 24 months, rent them for circa 180K/ year gross.

I would like to subdivide the land into smaller 5 acre tracts, sell them, then complete a 1031 exchange.

These requirements are solid, keep them: Application: Everyone aged 18 or older must complete an application.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

Understand now why those numbers you are asking me to show, are completely irrelevant and misleading.

I recently completed my 2nd 1031 exchange with them and couldn't be more satisfied.

I’m not looking for a completely passive approach, even though I’d be managing it from outside the country.

However, as we delved deeper into the project, we realized that a complete remodel would be more beneficial.

I was soooo obsessed with the gator method and basically for me it was the shiny object syndrome I guess, I went from so obsessed to just completely lost interest in it.