Based on my future goal(s), I'm aiming to purchase a multi with good cash flow and I don't think that'll be possible in the surrounding markets.With that said, I'm considering looking into Pennsylvania and Delaware....maybe Jersey too? 

Since you're aiming for a rental in the future, it's smart to consider cash flow.

Hi Micah - I am working on a new tool aimed at making real estate investment analysis a data-driven process.

Hi Bill - I am working on a new tool aimed at making real estate investment analysis a data-driven process.

If you're aiming for a double-digit return, Tulum might not be the ideal market for your investment.

For example, at the very beginning, I liked Cash-on-cash return, CoCR, which is a great measure of return for rental properties.

Therefore, I'm exploring the idea of investing in a long-distance STR.I'm aiming for a Cash on Cash return of 25%, but after researching a few markets, I'm finding it difficult to achieve this target.

If you’re local to the home, then there’s a device you can attach to before the meter and you can measure electrical usage.

@Paul SandhuI've heard of that strategy but my husband is averse to it... he's risk averse to a lot of stuff but it balances my Ready, Fire, Aim mentality.

Aim for higher margins by selecting properties that are nice but will yield more value once they’re furnished and set up4.)