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Updated over 3 years ago,
Cabo investment property
Wife and I are looking at our first investment property. We recently found a few condos that seem to checkout as very good deals (purchase wise). The condos are in Cabo where most research has the condos rented out 65-75% of the year. Understanding it is our first property, so out of country could be risky. But it seems like a great opportunity to also have a family vacation spot while having renters pay down mortgage. Anyone have any history or thoughts on rental properties in Cabo (Air Bnb / vrbo style)? Is this a bad move?