This is who will approve or deny your plans when you apply for a permit.

Projected sale: 950-990k Replacement property budget: 990k - 1.1M Plan: rent out the replacement home until meeting the requirements, then move into it while renting out a portion of the home via short-term rental 

The company managing our property as a vacation rental was unable to get the power turned on in our condo for months because we had to get the meter switched into our name with the electric company (which is much more difficult to do in CR than in the United States).

I just acquired one from a PM where they were charging a tenant a resident benefit package and a building protection plan.  

All depends on what your goals are and what market fits your game-plan/criteria. 

My suggestion to any one that are first time real estate investor in fix & flip, or planning to hold property for rentals, is to learn or read, understand about real estate financing first, build your assets and network or partner withsome has completed some projects in fix & flip and has some rental properties with positive cash flow within your immediate area before dving in to any project by youyrself.

If you do decide on an area, please go visit and spend time in that area and get to really know it and the team you plan on working with before investing into it.

What’s the plan?

@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?

ESP if you are planning to lowball, an agent might be more reasonable to discuss with (seller might get emotional and offended with your offer).