Always want to use the 1% rule and seeing the long term potential is my sweet spot.

I recommend targeting emerging neighborhoods with strong long-term growth potential, where property prices are still affordable but demand is on the rise.

My plan is to set up a syndication fund with Canadian (and U.S) investors to purchase short-term rental properties in the Puerto Vallarta and Rivera Nayarit area (which is booming).

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

Quote from @Nate Marshall: Quote from @Robert Short: This is my concern as well.

Long story short, his crew blasted through the job in a few hours and the clearance test failed.

Hmm, the title company said they couldn't determine the amount, only that there was an agreement to the terms of another agreement... like a notice for hoa responsibility tells you they're responsible but not how much is owed.

Make sure that they review the document with you when they are at their "peak" in terms of happiness.

I submitted an application etc but I am going to finish the rehab to get better terms before resubmitting.The back story is that I am about 90% done rehabbing a home for a rental. 

I'm thinking long term rentals will be a good retirement plan.