They are not technically "capital gains" although we casually call them so. 

I'm located in Melbourne and do some investing in Palm Bay, are you building spec homes?

How are you financing the build?

I don't think the management team understands the spirit of its intent.  

They want to start out wholesaling in their spare time to build capital to buy long term rentals. 

Maybe if you put a large down payment on the property and you find a low HOA fee building but there is also the potential risk of large special assessments if the HOA isn't well managed.

Our goal is to subdivide while in the county in order to build a regular single family home on parcel (A). 

@Frank Jakubiec conduct some research and build relationships with local small banks who offer construction financing.

Once I use the knowledge in a real life experience I know it’ll be there in my head to call on when I need it, and if I’m unsure about something I hit up google, biggerpockets, and/or someone in my network to get what I, or anyone else on my team needs. 

You likely aren't marketing in the olympics, but building a strong social media platform only helps keep your property full and more demand means higher nightly rates means more profitable.