Im waiting to hear back to go look at the last unit.

As a last question, Juan Pablo asked when did I think I'd be ready to start, I said within 90 days.

Apparently, because rates increased here so astronomically in the last 2 years, the insurance industry believes their numbers are correct with the risk.If you have the correct coverage @Marc Shin, you should be covered (although you should also have budgeted or baked-in costs for minor issues/damage).

The only information I had to go on was with the last Lender informed me so maybe it was specific to the company they were with.

My husband and I purchased our first Costa Rica property last year and were advised by our agent that in almost 6 years of working in that market he had only ever seen 1 American Couple successfully obtain a mortgage in Costa Rica and it was from Scotia Bank. 

 I did an investment research trip to Guanacaste, Costa Rica in March of last year.

It's a fantastic strategy as long as you still have your HELOC, buy during the last downturn, one of the first things that banks did was to shut down HELOCs.

I've been in the investment space almost 9 years now, and been actively investing in flips myself, the last year.

I have yet to complete a walk-through of the property and see what renovations may be needed (potential for HVAC and interior, but from my understanding the roof and windows were replaced within the last 7-8 years).

Latest is prop 33.  3rd attempt to pass this with aids health foundation having spent mid $40m last I looked.