The process takes about the same amount of time since an appraisal and title work is generally still required before underwriting and funding the deal. 

@Bradley Buxton makes a very good point to make sure to do your due diligence as you won't be an owner occupant like your in-laws.Last bit of advice: Because this is a friendly deal, you want to take your time to make sure you structure it in a way that maximizes tax and cashflow benefits for both parties. 

@Argel Algura.Congrats first on your last.year and how much you have accomplished in a short time period. 

During that 7-year time period, the median number of sales per year was 1259, about the same as in 2024.

We were there looking for another property that we could buy together on the beach that we could rent out as a short-term vacation rental.We we're living it up and having a fantastic time zip lining, eating delicious food, and seeing the monkeys in the wild.it seems like from the moment I returned from that trip in August 2022 the real estate market completely changed.

Hi @Steve Kania, what an exciting time!

Quote from @Austin Brummett: I wouldn't do anything right now except continue to save and learn, because you are likely moving soon.Lenders usually want to see two years of employment history, so you won't qualify for a loan any time soon.

One of the main points of these regulations is to get people to start paying hotel occupancy taxes because at this time very few are permitted or paying taxes.

Be very careful with this as a first time project! 

Also for time being cancel the premium subscription as that will also probably get them to reach out to you