For the financial analysis, I would make sure ~100% recovery for the investors in the base case, downside case, and the "oh my god" downside case.

My end goal is become financially independent as soon as possible.

This is the primary reason for my search for financial freedom.

It sounds like you have a solid financial footing and a good paying job.

I have been doing years of research and I’m ready to finally start my journey to financial freedom.

I’ve found my passion and now I’m going to run through every wall until I’m able to be financially free!!

Not sure if you're still working on this but I've been involved with one park with a lagoon so my experience is limited but in that case it was a financial nightmare.

Hi all from Bigger Pockets community, I am a newbie real estate investor and just starting out in this domain of real estate investing with the sole aim of achieving financial freedom.

*It should also be noted, I was building a relationship with the commercial lender there for many months beforehand- asking for meetings, bringing in financials, we interviewed each other etc.10.

@Jorge Pena, a dissenting opinion from a little pockets investor.Unless you are in danger of drowning financially, I would keep the property and proceed with the reno, even if it goes a little slower than you plan.