, I have been avoiding heavy crime areas, what's your thought on the accuracy of the website?)

Just as encountering a faulty vehicle does not render all cars unreliable, the saturation of the 500 ft2 studio and 1-bedroom market in Tulum does not diminish the investment potential of other segments within the region. 3 bedroom + properties are still yielding solid returns (double digits).

Then one day he left his window open, a heavy rainstorm came by, thousands of dollars of his property got damaged.

Heavy rehabs or rehabs that are bigger than the purchase cost range from not allowed to case by case to no issues, so all over the board on that issue.

i think Arbitrage used to be a good vehicle. nowadays, people are more knowledgeable about properties, usage and values and you will have a hard time finding a desirable property at a low cost rent enough to make a profit.

Adding electric vehicles just isn't sustainable.

If you are looking to "slow down" i would recommend you think hard before changing your investment vehicle. 

Hey Rich - The estimating book is very heavy on tables, which would make it very difficult to translate to audio book. 

Real Estate is the constant investment vehicle.

I don't see the point to get 20k off for 50k worth of work, so we switched to mve in ready properties and just let appreciation do the heavy lifting. 2024 looks like it might bring some change: average days on market are currently at 26 (from 5 most of last summer) and listings that go under contract on the first weekend dropped from 56% last year this time to 25% now.