“A little work and money” - post Irma, most properties require a LOT of work and money. It’s hard to imagine if you’re not involved on the ground. There is a shortage of qualified labor, prices for materials and labor have risen substantially, and most businesses lost their revenue stream.

I don’t know the specifics of the Tamarind Club. However, if people have no or inadequate insurance and reserves it’s tough to rebuild. Add in an existing mortgage or loan and you can imagine the problems. On top of that, property values have declined as property owners sold out to bottom feeders. Many people have decided it’s not worth investing the money it would take to rebuild.