Spend time developing both, and you’ll notice that the deals that seemed impossible before suddenly start closing. 

We specialize in helping international investors navigate the development process—from feasibility studies to final construction delivery.I know building abroad can be a black box for a lot of people.

You run the risk of someone having a completely different development/investment strategy giving you an opinion that could be detrimental to your situation.Is your question related to any of these areas 1) Closing costs, 2) LTV %, 3) Approval requirements/process/timeline, or 4) HML DSCR loans vs Bank DSCR loans?

I'm speaking from a developer perspective here in new construction projects. 

Quote from @Jim Bryson: What are y'all developing? 

My wife and I have developed a rule that we only buy properties we would be okay to move in.

My plan is to continue to use my license in the state of New Jersey (purchasing properties to flip) while building my database of sellers/ buyers and continuing real estate investing in Florida as well.

Looks like the owner wasn't able to develop it into a mobile home park community like they hoped and now are trying to offload it.

Building a single small residential unit is the most expensive development.  

If your family member hasn’t done that, the best move is to partner with a GC or developer who has the resume.