SFD vs condo vs 2-4 unit, hold vs flip, turnkey vs rehab, passive vs active...it really comes down to each individual property/opportunity, what your goals with the property are, and if the numbers make sense or not.Best of luck!

This is one of the reasons I have felt my investments there are safe: there is so much money there from both domestic and international investors, individual and institutional, that Tulum won't just go away. 

Each unit is individually metered for power and water. 

NOTE:  there may be some tax on interest or principal on the payments--seek professional advice.Also, stress there will be no inspections or other contingencies--sell the 'peace of mind' side of the equation.You have known each other for 12 years and you established you are a great payer. 

Quote from @Marie Paul: Quote from @Adam Michael Andrews: Working is how society accesses our individual talents and abilities.

So whether you sell to their trust or to them individually it still has to pass from you in order to do the 1031.But even more you don't want to be in ownership when they pass so you can get the step up in basis and inherit the property tax free.

Mainly because you remind me of the unsavory individuals I have had the displeasure of meeting.  

I joined BiggerPockets to connect with like-minded individuals, learn from experienced members, and contribute to discussions where I can add value.

Readers should seek professional advice.

Readers are advised to seek professional advice If you have more than one property rehab going on at the same time, how does irs/lender/investor know which expense goes with what property?