We were planning on selling it but are leaning towards keeping it and using the BRRRR method.

Tulum grew from 28,000 to 49,000, received an airport in December 2023, and the greater area is now projected to reach 410,000 by 2035.I am now interested in setting up some cash flow concepts on certain plots of land with natural features and strategic locations.

The issue with doing this method is it takes more money up front for the renovations, you are buying older properties which may have more needed capital expenditures, and it takes more time and energy.

You can also try the wholesaler list method.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

In general, a turnkey can be a great way to avoid conflicts with those rules because of the highly passive nature of the investment. 

You need the connections or manpower to scour the counties recorders offices for seller carry backs then build a data base of those.. then you have to try to skip trace or other methods to get to the Beneficiary of those notes.

I’ve done this method once before, but this time I’m a bit torn on the best approach.

The previous owners invested over $12M into building it between 2009-2012 but then left it vacant for years, allowing it to naturally age.

✅ Low operating costs✅ Low crime rate✅ Low risk of a natural disaster✅ Sufficient population to have economic stability, major highways, and a major airport.