I have a business associate that supposedly has a connection into the world of MTN's and he's telling me that there is alot of money in investing in or brokering them for other investors.

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sometimes though the ones who are the most experienced and think they know it all are the hardest ones to work with they are too busy to really take the time their buyers need to help through the build process.. so its hard to paint a brush over every agent..

Do you want the property in business name/LLC etc?

For building in the 100 year or 500 year flood plain you will need a topographic survey of the lot and an experienced architect/engineer to design and help permit what you are wanting to build. 

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Thanks for your reply, I would definitely like to work my way into multi family properties but would like to start with a single family home to get a feel for the business. 

This is how the PM business tends to work. 

Casa de Arte is a beautifully appointed home designed and furnished by local San Miguel de Allende artists.

You need business insurance to cover your own negligence and liability.