The key items to understand are:- zoning and lot requirements, to determine how many lots you can develop at required lot size. 

I am seeing the size of the projects has changed to three story Condos on Nebraska Ave. and 30 story Towers from downtown running on the Bayshore.

The funding and equity portion is where I am not the best.Looking forward to meeting a lot of people and learning on here!

If you increase it a lot, you risk a vacancy-and in this case to up the rent you'd also have to do renos.You are also missing info on the size of the units (beds, baths).

So I have a nice new property in sight for STR. 10 min from world class beaches in Florida, good golfing around etc. property is a good size so has potential to add great pool, Rec area etc.

X for kitchen, Y for a bath and add ons like roof, A/C etc which are easier to close in on as far as value.That being said, you could refine "Kitchen" with  small Kitchen rehab 10K, mid size 15k etc  (making numbers up). 

So that being said, can ipartner up with someone who can sign up on airbnb as a host to rent my bottom portion of the home?

@Nicholas Ayala Don’t necessarily rule out higher amounts if you’re looking at 2-4 units because often small banks and credit unions will count a portion of the leases income (assuming it’s rented when you’re buying it) toward the amount of income you need to purchase it.

Depending on the size of each unit, it may be better to rent it out as a unit.

The deal has the debt set up but the equity portion is only 50% funded (25% funded by the general partnership).