I am new to Bigger Pockets and this is my first post, so I apologize if these questions may seem very basic to some.

Hello fellow investors I’m not sure if this is the right idea or not. so I’m hoping I can borrow from your experience/knowledge.

I’m currently working on 58 unit BTR development project and seeking one or two private debt investors to help fund it.

A cost segregation study was performed on this residential condo in Jupiter, FL purchased in 2022 with a depreciable cost basis of $672,870.

To be fair this GC has his estate home next to my project and he did not want to see starter homes going in. we build semi custom highest price in town .. so there was quality of project that also interested him.. this would be a rare event out in the market..

Any help or guidance is much appreciated.

I hope you all engage and share your problems on this thread.

I heard on Fox News this morning that the insurance industry has identified 80 high risk zip codes. 78 of them are in Florida.Back to back Florida hurricanes aren't helping the insurance rates.I also heard on the news several days ago they believe 15% or 18% of Florida residents are planning to move to other states.

This is my first investment property.

Everyone on here says get a RE agent to work for you and help find/facilitate deals.