That's subjective and depends on liquidity, risk tolerance, strategy and many other factors.

Liquidity is really important in the current environment.

Cool story bro.

Most Costa Rican mortgage loans require %50 down which we have the cash for but we don't want to tie up that much of our liquid assets in one property as we intend to buy a 2nd property in the next year or so.

Following a pandemic-driven boom in 2021-2022, characterized by soaring prices, rapid sales, and a sharp drop in inventory, the market began to cool in 2023 due to rising mortgage rates and economic uncertainty.

So if you don't have liquid cash available for it, you can try finding a partner who can JV with you on the deal or find a gap funder. 

Next some will liquidate.

This is a great forum with very knowledgeable members that will help to guide you in the right direction.There are some pretty cool discounts on various products and services offered as Perks to BP members that you might want to check out: https://www.biggerpockets.com/perks/pro

How cool!

Understand the liquidity of the market and how easy it will be to sell the property if needed.- Rental Yields and Occupancy Rates: Research the expected rental yields and occupancy rates in the area to understand the potential return on investment.