The other project aims to generate income through entry fees to cenotes and nature trails.

Items you will be asked for will be:Address:Purchase Price:Rehab budget:Estimated Term needed:Estimated ARV:Square Feet:Configuration (Bedrooms, Bathrooms):Rehab short description:Explain why this is a good deal:Your history in real estate (including number of flips):Any other comments about the project:Include a Property Data Sheet (MLS Listing, FSBO Ad, Auction Listing, etc)Also include a minimum of 3 Solid Sales Comparables – preferable realtor generated*Once all of stage one above is sent in it can take up to 24 hours for approval to move on to stage 2.Stage 2 on the following page.1Page 2 of 2-Stage 2-After initial review we’ll need the following items sent to processing (Note: all costsat this point are your responsibility & don’t guarantee funding):Inspection from a professional inspectorBPO or Appraisal (Please see guidelines below for a BPO)REPCDates: Inspection Period, Settlement DateDetailed Renovation Budget from 3 contractors (please tell is which contractor you feel best about using)More info may be needed as we move forward, it depends on the best structure for the deal*Once all of stage 2 is submitted in will take a few hours to review and if everything is approved it can take upto 10 business days to close.BPO Guidelines:Please do not use your buyer’s agent to do the BPO.

They do generate a profit, but with the heat here, we end up having to block them out from June through August. 

Things like septic pumps burning out, steam room dying, guests catching the grill on fire and leaving burn marks on the hardi siding, emergency bug treatment, above ground pool which is ridiculously hard to manage in our heat & having no time to deal with it if it starts to go, laundry & drying time for all the towels and linens, etc, etc.There are plenty of things we can and will get better at, but I'm prioritizing the stress level of my people as well as the very near disasters we've narrowly avoided, over the little bit of extra revenue we'd generate.

If you had a competitive advantage you need to understand note investing and how to do due diligence on it to see if it’s a legit note and feel for pricing expectationsNot saying it cannot be done but there are every few brokers in the space.If you are trying to do this as a way to generate revenue, unfortunately I think you will be disappointed

Now, I'm looking to venture into real estate investment for several reasons:Diversify my investment portfolioBuild generational wealthLower my taxable incomeMy Investment Criteria:Buy and Hold Strategy: I'm focused on long-term investments.Cash Flow: Not a priority for me; I don’t need the income from these properties, even in retirement.Acquisition Pace: I plan to acquire one or two properties per year.

Ask your favorite mortgage broker about DSCR loans.I was told by my lender they would base the loan on AirBNB estimates of what my STR would generate, didn't even have to one day of rental on it.

If you obtained this from due diligence, then you must understand this form is generated from data.

However most who live here are US citizens and have been for generations, although there are a number with Mexican citizenship and legal residency in the US.

I am nearing my retirement from the Marine Corps after 20 years and am seeking to build generational wealth through real estate in the place I call home - College Station, Texas.