Bolivar Pennisula, TX is rebounding, albeit completely different from pre-Ike 13 years ago.In the Flip side, housing that can be put back in service quickly, may be renting and selling at above market with premiums due to so many residences lost or off-line. 

I am not going to do the exact math, but if you put $100k into Coke during that period you could keep your money there for a long time and sleep every night because Coke and almost every other stock rebounded within a few days and as of today you would have about $190,000, or 90% return on your money in less than 1 years.

Boston's apartment rental market seems to be rebounding from its 2020 slump, as the market absorbs 43% of vacant inventory since March.  

When it rebounds, I sell and park that money back on my line until another opportunity presents itself. 

An additional option would be to get financing traditional or B Lender, and place a renter in the unit and you pay the shortfall out of pocket, this is a risky option because we do not know when the market will start the rebound but could prevent the loss of your deposit if you can make this work.

And economists at Realtor.com expect a rebound in July, August, and September, as fears about the pandemic subside, and buyers return to the market with pent-up demand from a lost spring season.2But given safety concerns and the current economic climate, is it prudent to jump back into the real estate market?

I see one year feasibility and a year to construct and build, roughly two years to allow the market to rebound.

That would allow your credit to rebound and then you could do a rate/term refi at the best possible rate when all was said and done. 

“May Light always surround you;Hope kindle and rebound you.May your Hurts turn to Healing;Your Heart embrace Feeling.May Wounds become Wisdom;Every Kindness a Prism.May Laughter infect you;Your Passion resurrect you.May Goodness inspireyour Deepest Desires.Through all that you Reach For,May your arms Never Tire.”Demetrius L.

Due to upcoming primaries and following presidential election, most stats point to a solid rebound coming by Q1 off 2023.