However, the market is currently crowded with cookie-cutter apartments, creating a lot of internal competition and pushing rental rates down.For short-term gains, I’d avoid preconstruction projects unless backed by bridge loans or completion guarantees, as many developers in Tulum have failed to deliver.

Check out FilePlace, where user-created forms are available for free.

. - PRO TIP: many builders lose their license then create new company in name of wife or other relative/friend.2) Check Better Business Bureau, but don't assume all the complaints are legit. - If there area MANY, then that is a problem.

A surplus is not always created by exceeding the reserve.  

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2025") and then do it.

I have formed/created an LLC, just waiting to receive my EIN number, so I can start contacting the leads I find hoping to get them under contract. 

Go back home and create a spreadsheet and estimate what you need to do. 

Fed's "create" things by "making it rain" to create the actual producers to produce.

It’s all about solving problems and creating win-win situations.

That might create some tax issue/book keeping complication.If @Brandon Hall is around, he may be able to clarify if this transferring of funds is a nonissue or a big deal.