The Dominican Republic can be a great place to invest but, personally, Punta Cana would be the last place I'd invest in.Two years ago, during a meeting I had at the Ministry of Tourism in Santo Domingo, one of the head honchos there clearly told me "If I were you, I wouldn't invest in Punta Cana".

Talk to a qualified tax pro... you might be heading for trouble otherwise.

Tenant law and the direction it is heading is very concerning. 

There could be 30 named storms but if all bank right and head north in the Atlantic avoiding land then beach erosion and canceled reservations along the Atlantic Coast will be the worse of it.

I kid, Keep your head up and take a breath.

Best of luck.Dimitrius Kiritsis hit it right on the head, if I had to add anything from my experiences, learn what a CAP  rate, NOI ROI is in your, of course you'll need to look at rents for similar size apt units, I say the main thing is knowing how much the property is bringing in and how much is going out.

But it really doesn't take spending $24,750 to know what the rules are or to develop a plan that will head you in the right direction real estate / tax wise.  

You also know since that is the case that most of the sellers are headed to foreclosure, can't keep up payments, lost a job and usually have little to no equity.

The structure doesn't really matter at this stage and unless you have cash, you won't be buying in an LLC unless you utilize commercial loans, as you said, like DSCR, but you will be putting 20-30 percent down to get those loans.You are bit feet ahead of head here, excited, but focused on the wrong things.

NONE, FL is heading for a correction.