Hello Pedro, I am not an expert on your particular market, but that cost to build sounds low for the kind of high end/custom build you are describing.

We had intentions to buy the neighboring properties and build an apartment complex.

Also, starting with 1-2 properties might be a safer approach to build your experience and knowledge.

Yes we gutted the entire building.

Or should I break my promise to get into real estate in 2025 and continue to work part-time while going to college to afford a conventional 30-year mortgage on my first SF and use the "Building Wealth Through Single-Family Homes" plan? 

Relied a lot on meetups to build out my team.

It also has seen a lot of building increasing supply.

I was looking at buying a 14 unit building here and wanted to renovate it using the regular BRRRR strategy.

My wife is a veteran real estate agent in SF and is very focused on continuing to build her book of business, so I'm leading the charge in the household on the investment side.

It seems to be a very tightly managed building, which is typical for Ocean City, Maryland from what I have heard from my real estate agent and lender.