So someone who is looking purely to maximize potential return (and has unlimited time) is unlikely to find this a good fit.

Or a pure rental property?

I don't believe you should necessarily invest purely for appreciation.

@Olivier ChaineIn all trust deed or mortgage documents written by instructional lenders that I’ve come across, a change in ownership/manager structure of an LLC holding title to a property is a violation of the “due on sale” clause, so from a purely covenant violation sense purchasing the LLC doesn’t help you.  

On a pure investment scale a mid term or short term in the midwest (omaha, KC, etc..) may net you better returns.

The only nonrecourse loans out there are pure commercial, which carry a higher rate than DSCR. 

Like Martin mentioned, I can buy my own property in other foreign countries  and make significantly higher returns (which, incidentally, is what I've been doing).So with the same amount of money that I could invest in a shared villa, I do more profitable investments, make more money and then buy my own property in Costa Rica with the extra money I'll have made and it can be a pure lifestyle purchase.This being said, if you put together a group of like-minded people who can put some money aside, decide to purchase a property together, don't really care about the return and love Costa Rica (otherwise you could do the same somewhere else), I agree that what you do can be a lot of fun!

How much time would it take you to re-coop that cost purely through the rent alone?

Purely by coincidence I saw him at one. 

The sales position is purely commission-based and 1099-related so I have to pay for all of my expenses that otherwise a W2 employee would get which also unfortunately STINKS.