I had to call about 200 lenders (no exaggeration) to learn of 4 lenders who did this and I have some tips.

SM rent control and laws are worse than communist countries and I'm not even exaggerating.

Over the past 2 years I think I have connected with every single commercial real estate broker about 3x each (sadly, not far from an exaggeration HA!)

What you wrote about Playa del Carmen is grossly exaggerated though.

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

You should get it from the seller to make sure the seller has not frauded or exaggerated the lease, ledger or other provided documents.

I came into this first deal with 0 knowledge of the building process (maybe a bit of an exaggeration), but have picked up a lot of hands-on insight since then.

From what I've seen, heard, and have experienced in the first two months of 2018, I can for sure say that the areas bordered by Northside Dr, West Lake Ave, Joseph E Lowery, and I-20 is probably the hottest in the entire country, and no this isn't an exaggeration...Prices are up, inventory is down, and new homes are either staying on the market for only 10-15 days and being bought up cash, or they're staying on market for 30+ days and milking each offer they can get.

I got the numbers from an agent and it looks like there is some exaggeration.

We do have one of the nicer properties in the areaI have clients doing well in the JT area, Idyllwild, Palm Springs, Bermuda Dunes, and Julian.With Cotino by Disney and the slew of surf parks coming into the Coachella Valley, this area is being primed for a large uptick in visitors and with Rancho Mirage (where Cotino will be located) being unfriendly to STRs, the surrounding cities that are STR-friendly stand to benefit from this pending uptick.Saying the whole state is a regulatory minefield is a bit of an exaggeration.