Then, they did the same with Playa del Carmen, which was transformed from a small fishing village into an international cosmopolitan beach city with a population of around 300,000 today!

@Jabari Brooks I am just a tiny fish in this community with a few SFR rentals under my belt.  

WOW, you sure have a lot of apples and oranges in there.You said, unless pricing is regulated, unlike selling fish at the dock, there are pricing determinations in real estate transactions.

I've been told it's a good place however to fish for brokers to send you the good deals.

If alot of homes in your area are underwater as if fish tank decorations I'm sure there are MANY opportunities for buying cheap on short sales.

All I know in the world of real estate investing is the books I've read ( currently "Creating Wealth by Robert Allen") and the infomercial Russ Dalbey on buying notes I bought... I appreciate the archives of kn...

Great give a man a fish / teach a man to fish moment here.

You must really know the areas as with many other places and it can be difficult trying to fish info from people afar.

Or you can fish a ground - is it one story or two?

Thank you William,I am glad I found Bigger pockets website...hooked on to the podcasts this holiday season:)Let me spend more time on evaluating properties and honing the skill of catching the right fish:)Happy to have all you experts around to be able to make the correct choices as I explore this new world of REI!!!