This isn't me saying, say no to the deal. 

You have the skills and some money so don't blow it on a bad deal.

In this market, I'm really struggling with getting a new deal to pencil without a 25%+ downpayment.I have a new STR property that I expect to basically break-even on in terms of both cash and NOI over the next few years.

What made you interested in investing in this type of deal?

I know that insurance has also become a problem in the state, but I'd imagine that an entire state isn't just going to become uninhabitable so eventually things will have to balance out with that.Do you guys think that with all the issues in Florida real estate market, that it would be a good time for a cash investor to get good deals?

What made you interested in investing in this type of deal?

To make deals go through, you need to get along with buyers and understand what drives them.

@Traci EdwardsHow much are you looking to raise and how much can you put into the deal?

My wife and I are in the same boat right now, dabbling at listings or off market whole sale "deals", or paying down RE debt.

So here is what you can expect with this deal:1) You won't want to let any lenders know that this is your relative.