Watch out for fine print that requires an additional fee at closing - this is a huge red flag and how most flat fee companies make money.

If you can swing hiring a PM without putting you in the red on cash flow even better. 

One can get up to 8% with some big players.

Going by the zestimate is a red flag.

However, they knew a big player in the area that would buy it in cash.

I rent out on a 32+ day basis to avoid Chicago red tape and building restrictions.I own real estate in several states (strange that I'm still renting, I know!).

In that timeframe, the real estate market in the Riviera Maya has been red hot so this is pretty bad.The developers and the promotors of these deals (who get paid fat commissions to sell them) might be the only ones who will make (serious) money there.

The involvement of onsite management, often seen as a potential red flag, can lead to the property failing crucial qualification tests.

Ultimately the Red/Blue crap doesn't matter, it's about freedom.

The investor seems genuine and I could not find any major red flags about him online.