Specific technical issue that triggered this post.

Especially and more specifically those working in our financial arenas who are completely confused and oblivious to this type of transaction, because it does in fact occur.

@Vidit Maini You might want to be more specific regarding what type, if business you want to start.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

Eager to hear if anyone has any more up to date information about Costa Rican REI in general and/or VRBO specifically

Specifically interested in the Detroit area as well.  

Some insurance companies offer policies specifically designed for owner-occupied multifamily properties, so it’s worth asking about that option.The key is ensuring both your personal residence and the rental unit are adequately covered.

My biggest advice for people would be as follows.Know why your in the real estate game, and why a specific niche.

You can carve into the details a bit more with a specific broker and products.

In my state the standard contract used by realtors addresses this issue by allowing the agent to check a box specifically to limit the seller to keeping the EMD as opposed to going after "liquidated damages" like that.