I have no idea how your jurisdiction thinks, but an under funded LLC trying to conduct business over its head may be disqualified, pulling the curtain wide open and it heads to your personal liability. 

We are looking at 12 foot wide, which will handle most shop trucks.  

I'd prefer to pay a flat $100 to $300 for a 12mo listing, it leaves your options wide open.

My dad is flying down in July to get on the ground to meet with a contact we have and get better details but I wanted to reach out to the BiggerPockets wide variety of intelligence and see if anyone has more insights to Puerto Rico and any advice that we could use.

Borrowing hard money is a completely new angle for me and understand the rules or at least what’s expected.

Then you can circle back to figure out the angle you want to pursue and your questions above will become more relevant and focused. 

The agent sounds great and totally looking out for your best interests by giving you all of the information from different angles.

There are wholesalers with a wide range of experience.  

New home construction remains strong, and now that the pandemic seems to be ending (and vaccines are widely available), it's likely that more sellers will feel comfortable listing their homes.

Determine what "Failure" looks like and if it is acceptable to your family.Either of the above projects lets make bite size and determine what "Failure" looks like.Storage-  10 acres- lets say $30,000 per acre; $300,000;  First building- 170 foot long 30 wide, mixture of 10/15/20 units