It seems like your broker is answering a different question. you are asking about owning a condo for str. they're answer is about construction cost and Condo Construction and development

Don't ask about a certain coaching program or training company. 

In May of this year, I reached out to a property management company I had worked with in the past to inform them that I had a property becoming available and to request a Lease Option Only service (essentially where they find a tenant and I self-manage from there).

This will open up doors and expose you to different real estate transactions that go on in your market.

Just look at how many companies are moving and developing here!

For example, CAPEX should be budgeted much differently on a new construction vs. a much older, non/renovated property. 

On the other hand, I also want to be there for my mother.Has anyone else faced a similar situation where you have limited time off work and multiple responsibilities pulling you in different directions?

Hi guys my name is Ali, I work for a holdings company.

I plan to hire PM company to handle the day to day operations, marketing and tenant screening.Thanks,David

As Patrick mentioned, I would be careful to be competing with the new builds and stick to more affordable price points or places with a large yard or no HOA that will appeal to a different group of people than the new builds will.