I dont have any experience in this market but have looked into it a little bit, I know that you can get the houses pretty cheap there but my concern was with the long term appreciation - I dont believe it is a highly desirable place to live and so there wont be much appreciation -however that is just my opinion and I really didnt look into it much,  I think it would be a cool place to live as I go to Monterrey all the time, but its hard to say. 

I found this property driving for dollars after leaving the barbershop 🤣 and noticed it was being trashed out.

I guess my main concern with the Tulum area is it seems there are soooo many new developments going in (an agent told me 151 new developments over the next 4 or 5 years), I think the competition for vacation rentals will end up like Playa del Carmen (saturated and cut-throat with competition).

That leaves $335 for labor and the property manager's fees. 

Find a couple minor, obvious things you can leave for them to tell you to fix.

With $19K invested and a $71K purchase price, your cash-on-cash return should be strong if the rental income covers expenses and leaves room for profit.

I found this property while driving for dollars after leaving the local barbershop/garage shop 🤣.

If the concern is max cash out, you can cross collateralize the properties to cut down on costly processing fees.  

There are 4 to 5 houses on this private drive way which is paved like a street but is not maintained by the city and most if not all of these houses belong to family members in the estate.I have to concerns about buying this property and please fill me in on your thoughts and opinions.  1. 

Brokers protect the interests of all of the investors, but investors only want to protect their own interests, which can leave some investors out in the cold.