It gives Alex a massive head start on the rest of society.

This is my first public post and I'm hoping for some encouragement and insight into the decisions and direction I am heading...My family of 4 is moving next week out of our SFR in Milwaukee (between the airport and Bay View for those that are in the area) and moving to a duplex which we will live in it as a single family while our kids are growing up.

It will give you an automatic head start, an amazing advantage.....

The Dominican Republic can be a great place to invest but, personally, Punta Cana would be the last place I'd invest in.Two years ago, during a meeting I had at the Ministry of Tourism in Santo Domingo, one of the head honchos there clearly told me "If I were you, I wouldn't invest in Punta Cana".

Talk to a qualified tax pro... you might be heading for trouble otherwise.

Tenant law and the direction it is heading is very concerning. 

I kid, Keep your head up and take a breath.

There could be 30 named storms but if all bank right and head north in the Atlantic avoiding land then beach erosion and canceled reservations along the Atlantic Coast will be the worse of it.

But it really doesn't take spending $24,750 to know what the rules are or to develop a plan that will head you in the right direction real estate / tax wise.  

Best of luck.Dimitrius Kiritsis hit it right on the head, if I had to add anything from my experiences, learn what a CAP  rate, NOI ROI is in your, of course you'll need to look at rents for similar size apt units, I say the main thing is knowing how much the property is bringing in and how much is going out.