@Rick Edgeworth  are you talking about lending terms as in APR.. or are you talking about % of equity.contruction loans are the most complicated and dangerous that a private investor can do. and its a reason that the majority of HML simply do not do them. the question is other than building a house do you bring in any equity or are you looking for the investor to put up 100% of the money to buy the dirt and build the house.  

Tough territory. 

I went down to look at it and the buildings were not livable, the whole project to be scrapped and leveled down. most of the territory is unlivable and beyond any restoration.  

Quite awkward if you just evicted the tenant and it can even be dangerous as tenants will know much more about you that you would have liked them to know.It is very important to treat landlording as a business even if you have 1 or 2 properties.

Though I have never owned a non residential building and would like to venture into this territory in the near future.

For them to give any investor in any territory 20-30 leads each month, that’s a budget of roughly $1,000.

WARNING: putting something like this into your lease agreement is walking a dangerous line.

And depending on how you structure it, you will be on the hook for some potentially very dangerous equipment.I believe there is still good money to be earned in the renewable business.

The upstairs guest being noisy for the downstairs guest is the only draw back I can think of in regards to renting them out as STR but I'm hoping that with the area (a little away from Pier Parks madness - hopefully have more respectful guest than not) and some nicely stated ground rules for being mindful/respectful to the downstairs guest that we can avoid some head aches... even though we do know that we'll still get headaches every now and then because it just comes with the territory. 

And a "Wholesale transaction" isn't this super dangerous activity like some would make it seem on this site.