Granted your costs are probably lower than mine, but luxury builds are minimum $250/ft2 here currently, and can easily go over $400 without even getting that fancy.

My name is Landon, and I currently have four STR properties, three in Sevier County, Tennessee one in Fort Lauderdale, Florida.  

At currently 3.4% inflation (if you believe it) the real cost of money after inflation is about 4%.

I suggest you compare current rent price to lease rent price.

I currently live in Nashville TN.

However, I recognize I still have much to learn.I would highly value advice from veteran investors on finding the right opportunities, understanding regulations, financing projects, and overall best practices.

I am currently in California.

@Oliver MartinezAssuming you qualify conventional lenders can do those deals, but the issue is they make practically no money doing small loans sub 100k.

However, I am currently facing significant difficulties in finding a tenant for the property.

I’m currently 17 and will get my real estate license as soon as I hit 18.