In all seriousness, I try to tell everyone I meet to be a conservative investor and grow low.  

We have seen many deals trade way over what the numbers say they should causing us to question if we are underwriting to conservatively.

I would be a little cautious with your rehab as older houses can have a lot more hidden expenses, so just be conservative with your estimates, it sounds like it could have foundation problems if a floor is dipping.

I conservatively estimate illegal immigrants are occupying at least 3% of rentals in our country, twice as much as vacation rentals.Supply is low, which increases demand.

It's very conservative, which gives you less chance of making mistakes when investing (I'm only saying what I think - it doesn't work for everyone and not always).So...On February 8th, 2021, my family purchased our first rental property - a tiny townhouse 2 beds / 1 bath in Hammond, North West Indiana, built in 1945.

The growth was unreal and exceeded all my calculations (very conservative, by the way).

My problem with this is that their lending criteria are usually too conservative and restrictive compared to ours.

We're not looking for an immediate huge ROI, but would like enough to cover costs and pay for our flights a few times per year(plus a cushion for repairs, upkeep, etc), while we ultimately wait the 10 years for Tulum to go through its growing pains, and then have a much more valuable property on our hands.Even with this conservative plan, we would still need to locate the right property in the right location that appeals to us and renters NOW and is poised to become more desirable as Tulum blossoms.

As background, my wife and I are novice investors, but very conservative and cautious.

I’m typically a very conservative investor in general but just looking for some different perspectives.