From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.

There are plenty surrounding this home but it will take awhile to take the non licensed down.

How are people buying multiple non owner occupied properties on fixed rate traditional 30y mortgages? 

The new law in Oklahoma for wholesaling activity called "Predatory Real Estate Wholesaler Prohibition Act"states  that an equitable interest (a wholesale or assignable contract) can not be PUBLICLY MARKETED as shown below.

Keep in mind the following: 1) If you don't have enough cash for the entire purchase in the TSP rollover to IRA, your financing options would be limited to a non-recourse loan.

If not, then serve the non-renewal and prepare to turn the unit as efficiently as possible to reduce costs and vacancy.

Most every lender on this board can do both conventional, non-qm AND DSCR. 

Days wind down and now they have a (knee jerk) reaction and buy something non-optimal for a property just to avoid tax penalties.Had they been realistic starting out they would have had time to locate quality properties to buy instead of looking for a Unicorn.

You would have to line up carriers that accept LLCs on non-owner-occupied dwelling coverage.

Storm sewer, storm pond, sewer lines, water access, fire hydrants, public bathrooms, surface coverage, sidewalk or bike paths, setbacks, power lines and right of ways known and unknown, road access, etc. 5.