@Kristin CarasProximity from base, condition of the units and your pet policy is pretty important.

The primary calculation is based on X% of purchase price (depending on lender policy and borrower credit/experience) + 100% of rehab (normally).

Distance makes investing more challenging, as does seasonal occupancy and governments which operate differently and/or are less stable than our own(though our own government has not been a paragon of stability lately.)By investing in the Caribbean, you’re adding those challenges plus you’re throwing in the occasional hurricane.  

This is a good punch-list that all investors should use, not just new or inexperienced.New Western is a wholesale mill for sure, but they also use licensed agents to complete their transactions, who are governed by state license law. 

Foremost halted coverage for our carts and  we have switched to Progressive.The policy is a  Mortorcyle coverage policy and clearly states  all 4 golf carts on the policy and coverage for each.  

There is a serious housing shortage in San Diego but the policy is also trying to discourage the private market to provide more housing by being extremely unfair to landlord.

In addition to state real eatate commission issues on wholesaling, most E&O policies have an exclusion for the activity.

But that is just a personal opinion based on personal experience with government tenants in California.

I did end up getting offers for a surplus lines residential policy, and then landed on a business owner policy through Vermont Mutual.

Government programs like FHA 203(k) can assist in purchasing and renovating homes, but certain regulations apply.