Set up a professional voicemail and get back to people....if you don't speak spanish, get someone to translate for you.

Here's some info translated in poor english:*******************************************************************************Rental property with four residential buildings and a row of garages.Located near the lake and has partial sea views from the area.Very popular accommodation!

Translation: don't give up your job with a pending financial collapse to get into new home construction.

Hopefully, that 11% loss will translate into more money on the sidelines to invest in our real-estate deals.

When I evaluate a market, I look at it's economic base for future growth (i.e. industries, military, tourism) - obviously, the potential for strong future growth will usually translate into stronger demand for real estate...I also look RE growth potential contrasted to what has inhibited past growth - for example, it the community land locked, controlled by environmental regs, lack of water, etc...

Sometimes (most of the time) sarcasm gets lost in translation when posting in a forum, so I try to make it obvious :).I'm just starting to learn, so I'm sure I could learn a ton from you (maybe not $910,000 worth though :).

We ended up renting to a couple of guys, recent immigrants with poor English skills that we had to communicate with via a translator.

Cash means it will be a simple, fast, easy close, which translates to no headaches. 

The single biggest reason I did so well is the abnormally aggressive bull market of most of last year, and decisions I made to be more conservative later in the year as oil prices fell, but it wasn't translating into increased consumer spending.It's fantastic that your investment income is paying for expenses to the property, I was more pointing out that increase in property value of 5.5x up to 12x over 25ish years doesn't include a lot of money that goes to maintaining those investments (maint, insurance, vacancy etc.)

Mistakes will translate into real $$$, until you gain expertise with MFR and Utah property.My recommendation is if you're curious and you have the capital, you should give it a try and see if you like it.