A Caribbean Quandary

As Texans Chad and Emily looked out over the azure waters of St. Croix they said to themselves?we should have moved here sooner! But as other island homeowners can attest the small availability of homes here can be pretty outdated and buying a home can be a nice chunk of change for a house that doesn't have the right vibe. There is, however, the option of buying beachfront land and building the perfect dream home from scratch?that would certainly provide great ocean views and water access right out the backdoor, but that is also a dicey option fraught with financial risk and a greatly extended time frame.