(Note, I’m willing to suspect myself for operator error, but come on, get the app together and finished.)

Due to the 10 year draw period on this loan, I suspect this is a Heloc and it would be worth double checking. 

I don't know the labor rate in Boston but I would suspect if you had a build-ready location (site work already done) you would spend about $200/sf if you were the GC and probably just a hair more if you hired one.

Whenever I hear the term "always" or "never" as a rule, I become suspect. 

I suspect that Airbnb dominates the younger market and VRBO might be stronger in the older market so you could update your listing to appeal to an older guest.

@Jade Davis  I suspect the person doing 30 deals has some assistance ... however I can see a wholesaler possibly doing 30 a year by them self, if they farm out the direct mail.

(around $450k USD) Money is looking very expensive right now and listening to you just confirms what I already suspected with the banks, so more and more it's looking like I have to practice patience and just build up liquidity through my cashflow, or bring on partners to make the coastal development a reality before someone else buys up the land in question.Thank you again for your input Mike I truly appreciate it and value your candid opinion.

We suspect there will be a bidding war. 

I suspect the answer is yes.

I suspect this is the case for almost anywhere if you're willing to put in the legwork to discover the micro-niches.