The Landlord insurance policy quotes I am receiving has a high deductible for Wind/Hail/Named Storm coverage which effectively means replacing the roof would be out of pocket for me which defeats the purpose of carrying this insurance.

(go look at business credit)Next, some costs...really insurance...is very expensive on the commercial side (well, for STRs specifically, insurance is very pricey).  

One component for investors to consider is an exit strategy.

I was curious the best strategy to get the remainder of the funds for the build, my lot is owned outright and worth about 325k.

@Thomas Richardson As @Mike Grudzien mentioned, reading my book doesn't exactly tell you how to "pitch" to private lenders but it does help you understand how to present deals to novice or new PMLs within your network by being able to show them how you'd protect and safeguard their capital with things like equity protection, title insurance policy, loss payee on your property insurance policy, going through a third party title and escrow or attorney to close the loan, etc.

Home State Licensing Requirements: Some states require individuals or entities that buy mortgage notes to be licensed, especially if you are buying them as part of a business or investment strategy.

I was thinking this could be a good strategy to scale and keep costs managable. 

He covers general acquisition of land of all values using different marketing strategies. 

May none of us have to go through that but if we do, good neighbors (and good insurance) always help.

This quick and profitable transaction highlighted our efficient investment strategy and the strength of our partnership with Bob Taylor.