It was a battle getting them to agree to the Purchase price so I highly doubt they will budge lower, especially with closing scheduled soon. 

The high net worth individuals (aka the smart money) have and are investing overseas en masse.

I'd look at at least 3-4 family lots at a minimum for economies of scale. the price of land in miami is so high it makes single family home building nearly impossible. flips aren't worth it.

I would highly recommend hiring a designer for that one, even if it's just a virtual option.

Often above loan amounts of $1.5M-2M lenders will want two appraisals by highly qualified appraisers. - ARM's.

Hi, given high interest rate, does anyone know which market still cashflow after maximum cashout refi, which is 75% of ARV?

My family bought SFRs in early 80's w mortgage rates >18%, but high inflation drove rents higher than debt expenses so they all cash flowedalso look at USFR, paying 5.37%, holds 8 week Tbill floating rate notes only, not as good obviously as buying Tbill directly at the top of the curve (i bought a 26weeker in late Sept at 5.6%) but much easier to transact, i suspect 10yr will fall over next 2 yrs (FED cycle) then slowly rise over next 30-35yrs (long us debt-deleveraging cycle)

In the "Manufactured" category, I see properties in Florida with very low prices and high monthly rent.

I highly recommend the book "Lend to Live" in the bookstore.

I'd really be concerned about other water damage without knowing the location.