But it can be a pain in the *** at the wrong timeI’ll hang up and listen.

Everything I've done to date is with LOC financing ... and for the first time in 20 years I'm feeling the pain because of the rates. 

I am not sure whoI could get the official answer from on whether I should file this tax or not. really a pain in the ***. 

Trying to be the "more" that some investors are looking for can be way more painful than simply moving to the next investor and writing this one off by helping them go a different direction.Of course, I'm preaching to the choir. 

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.

I got family that couldn't evict a tenant for almost a year that was extremely painful, and I wouldn't want to go through that.  

So, if the smaller properties are a pain, what do you search for?  

If they don't set it up correctly, they could lose a lot of anticipated income and have to foreclose.Disadvantages to the buyer include, if it isn't set up correctly and the seller dies, ownership may be in question with a long painful lawsuit.

Inching closer to the 7% mark, the 30-year fixed-rate mortgage has climbed to 6.90%, up from 6.77% last week and notably higher than the 6.50% recorded a year ago, according to Freddie Mac data.After a period of smaller rate movements offering some relief to homebuyers, recent signals from the Federal Reserve hinting at delayed rate cuts have sparked an upward trend.Sam Khater, Chief Economist at Freddie Mac, emphasizes that strong economic and inflation data are driving this shift.

“Over the last couple of quarters, the number of open jobs in construction is rising again — that’s a forward signal that suggests hiring is continuing and what’s happening, particularly in the homebuilding sector, is an expectation that single-family home buildings are going to expand in 2024.