Ponds are cheap.5.  

Craigslist lets you list rentals for free or cheap.

Hella cheap and quality things there to furnish each of your units.When you start feeling nervous, look back to your numbers to remind yourself of how good a deal it is.

Labor is not cheap , workers comp for roofers is crazy high , add in dump fees .   

I've wondered if for example it even makes sense on a NNN retail building.Maybe if your CPA can do it cheap as part of their tax return service fee for you.Hopefully just your normal straight line depreciation is the way to go, but check with your CPA and see if they think it is worthwhile for you.   

Right now we are on the high side of things.  2 years ago, we were on the low side of things where money was cheap, and cash flow was easy to be had.Some will argue to go ahead and buy now for a 'no cash-flow, future appreciation' play.  

With that kind of reasoning, everybody should but cheap properties in the US Midwest and, as we know, it doesn't work like that.

There isn't much risk there and it's par for the course for cheap properties being bought/sold with land investors.  

This land was bought really cheap with cash, thus holding cost is really low. 

While prices are often cheap compared to the US, they've gone up a lot over the last few years and I see hordes of Johnny come latelys who are overpaying.Personally, Mazatlan isn't my favorite place in Mexico (it's cheap for a reason).