After many years, myself and two family members (yes I know, mixing family and business gets dicey) have pooled together enough cash to really start investing with a focus on buying land and developing single family homes.

I understand the market is competitive and overpriced, but I'm ready to start getting in to the mix. 

@Neil NarayanIf all quoted capital projects are private sector, it may have more meaning and benefit to residential real estate investors looking to be in a steadily growing market, but if there is a large portion of public works projects in this mix it could simply mean that’s where your high property and sales tax dollars are going towards.

I’ve read a lot of online mixed reviews, some people say it’s a waste of time unless you have more assets to protect and others say to do it from the very beginning to protect yourself.

The units are attractive townhome style units; a mix of 2 bed 1 bath 2 bed 1.5 baths.

The units are also a very attractive mix of 2/1's and 2/1.5's and are townhome style.

Even with the mix use we were planning to have, it is going to be a challenge to come out positive (i'm not counting much on capital gain being the price we're buying it at).

Our area is heavily touristic and has a healthy mix of families, other groups and young people looking to party, so we've found those longer night stays weeds out the bad apples. 

Very often the wiring, plumbing and heating is mixed between multiple units.

Im being told according to fannie mae in order the get a mortgage on a mixed use property, one unit must be owner occupied.