purely investment long term.

That doesn't necessarily translate in high real estate investment returns but you can make some money investing in real estate there (like it seems you do) and so it makes perfect sense that you do that since you live there.Those like me who don't live in Panama are likely purely looking at figures and comparing risk-adjusted returns with other countries where they can invest.

They have a real estate specific version and while it's $700 a month + $2k setup fee, it absolutely blows everything else out of the water as it's tailored specifically for real estate agents.Here's an article from realgeek about it: http://www.realgeeks.com/blog/infusionsoft-marketing-real-estate-agents/

You're starting early so weighing more on appreciation than pure cash flow will likely pay more dividends on the exit.

Don’t forget monthly electric costs to keep the recirculating pump on, and water costs to maintain proper water level.

The trucks broke all of the drainage pipes under the drive way, they are still able to allow water to flow but the edges of the pipes are sharp so if tire hit it the wrong way then it may put a hole in tire of a vehicle.

Stepping into these waters is already an intimidating process. 

 But to be fair, besides people not being happy with those kinds of houses anymore, builders couldn't build them and make any money due to high costs of planning, permitting, sewer and water hook ups, electric hook ups, etc.Well, we do have this Tiny House fad right now, but can someone explain to me how these are any better than an old fashioned trailer?  

What assets: real estate/land, buildings, water rights, licenses?

Insurers are now looking at roof conditions, over hanging trees, type of water pipes, and electrical.