If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

@Itay Heled  I haven't but I know some people have mentioned ALE solutions.

As mentioned seller credits are the best path as title insurance and taxes are pretty much fixed.

Personally I only use my HELOC on short term projects like flips, new builds and BRRRRs where I know I will be replacing the capital within months.You may be better off waiting a year and save up more cash or liquidate your index funds if the returns on a property will be better.

@Amy KnolesRegarding Tulum, you mentioned that someone mentioned that it's maybe not a good idea to go with a condo that is aesthetically beautiful because people really want to be outside.

I would also mention a heloc if you have equity in your home.

What you said is valid (I certainly learned those lessons that you mentioned.

@Michael Plaks Thanks for the mention!

A couple of other folks have mentioned this, but the TREC forms are absolutely available for anyone to use.

I wouldn't have to wait longer to prove my income on something that price.However, I'm wondering if it's a good investment or, like someone told me, "if house prices are that low, you'll likely be in a poor area and not have great tenants."