Well I'm not a lender or loan broker but I try to keep my ears open about loan products in Puerto Rico. 

Long-term wealth is it's superpower, and yes, you have a little cash flow to keep the lights on. 

Begin with a small property like a duplex or triplex, build a strong financial foundation, and keep 6-12 months of reserves for emergencies.

Giving them a financial hand to leave could be to your benefit, but I would keep that in my back pocket until its necessary. 7.

Like @Collin Hays said, it is being driven more by neighbors tired of poor STR owners not keeping things sorted.We only look for places in vacation areas with a long history of owner driven STRs vs big cities and the like.

Will keep your info available for when the time comes. 

. $8k won't get you anything in a class B or A market with 20% down or even 10% down. keep going though!

Obviously I want to keep my costs low but still want to spring for amenities that would give me a competitive edge compared to other rentals.

In effect, earnest money is just paying more of the down payment and closing costs upfront.”Keep in mind, this isn’t required, and it doesn’t guarantee your offer will be accepted.

or if not 50% capital required why wouldn't the other partner just find a realtor and CPA to find/underwrite the deal and 3-5% for property management then own/keep 100%?