When I combine the leverage with the value add, it is what has allowed me to produce infinite return on virtually all my RE investments.  

Probably not since at the time I am unemployed (I work in animation and the entertainment industry is on its head right now).

They can just go to Airdna and check how much money the average short-term rental in Punta Cana makes and they'll have an objective answer.Finally, I'm getting bombarded by messages from Dominican developers building short-term rentals in Punta Cana so, when looking at the statistics, bear in mind that the supply and therefore competition is going to increase significantly.My dear friend, due to the tourist, real estate and industrial development, there are approximately 100 all-inclusive resorts along the entire coast of Punta Cana, Bávaro and Miches, Grupo Punta Cana is the pioneer company in tourism and development of the Punta Cana and Cap area. cana, this same company is building the first and only Hublogistico in the entire Caribbean, guaranteeing thousands of jobs not to mention that each all-inclusive hotel generates from 1 thousand to 4 thousand employees depending on the hotel, not counting jobs in the construction sector, airport, local businesses and also businesses to supply the large demand for food and products in the hotel sector, including the entertainment and art department of hotels.Since you mentioned that it is impossible to compete with an all-inclusive, obviously a 100-square-meter apartment cannot compete with an all-inclusive with 1,000 rooms.

Can you please recommend communities with low HOA fees and close to entertainment?

Pricing and rates change constantly so if you are seeking cash out of a rental property you can entertain a second DSCR equity loan up to 70CLTV to keep your first in place or take a look at a full new cash-out option.

Secondly, to keep your low first position rate, there are closed ended second position loans for you to tap into your equity. these loans are fixed terms, usually 20-30 years, at higher rates than your first but when you calculate the blended rate, the combination of first and second rates, are usually lower than a full refinance.

Or maybe you want to do a combination of the above?

I want to create a duplex up unit by combining the second floor and 3rd floor into one unit.

My living expenses were almost completely rolled into the business model and I lived among an ever changing group of guests who made life lively and entertaining.

If it were my company as the lender, we may entertain it but you'd have to requalify for the mortgage terms.