Just as encountering a faulty vehicle does not render all cars unreliable, the saturation of the 500 ft2 studio and 1-bedroom market in Tulum does not diminish the investment potential of other segments within the region. 3 bedroom + properties are still yielding solid returns (double digits).

Following this period, if interest rates decrease, I intend to refinance the property, transition it into a rental, and repeat the process by acquiring another property to serve as my primary residence.I'm curious if anyone has attempted a similar strategy and, if so, what pitfalls or challenges they encountered along the way.

If you already have a group of investors you work with, understanding their capital reserves, risk tolerance, timelines on return, and various other factors to help you understand what properties will be good deals for them and should help you narrow down your scope.When thinking about what tools to use, think about what you need to get done.As a wholesaler you will need to find leads on potential investments, run numbers on investments, put together investment packages for your investors, etc.Lead Generation:- Can be done on MLS, Auction sites, etc but remember competition will be high here- Pre foreclosure lists- Drive for Dollars- Social Media Campaigns - Billboards & signsProperty / Market Due Diligence:- Bigger Pockets Tools- Air DNA- Reventure App If you would like to connect and discuss in detail I would be happy to brainstorm.Good luck

My first RE job out of college was working for a boutique investment firm that specialized in packaging deals for out of state investors because deals in their hometown just couldn’t cash flow.

I suppose if someone just had a traditional homeowners and umbrella policy there could be exclusions for rentals, but any decent agent can find a policy package designed for rentals.

Another big problem we encounter more often than not is when they're swearing on Jesus Mary Joseph and everyone else they are deposit ready, then having some reason why they can't pay the deposit;  or trying to do half of it now and of course the other half never materializes.

You can help yourself by understanding how to build a credibility package that shows experience. etc. 

Do yourself a favor and put together a solid package of documents (title, copy of deed, deed of trust, note, etc) and pay for a couple of hours of consultation with a real estate attorney BEFORE you do anything. 6. 

Have you ever encountered this?

I feel compelled to reiterate that my dealings with Flip System in Detroit have been incredibly stressful, leaving me to face significant financial repercussions.It's disheartening that Antoinne has ignored my numerous emails detailing the issues I encountered, yet he reappears on these forums to invite me to boost his credibility in my own properties, presumably to enhance his reputation.