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

Backstory - we have an apartment complex that had a $339k loss on paper last year (I'm a 40% partner).

Their millennial population has seen a 25% increase over the last 5 years and the baby boomer population has grown by 13%.

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

Consider the "2 of the last 5 year rule" to avoid capital gains. 

It’s been pretty competitive here (partly bc we’ve gotten some BP nods over the last year) but I’ve definitely noticed a drop in offers and competition.

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).

Since I've owned just a few days over a year, I'm not a happy camper and have no doubt they knew this was going to happen when they took my money last November. 

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