Every single beach STR looks identical so just being different can make a huge difference in numbers.  

@Val BerechetAs much as I think it’s disingenuous for the international media to focus on any incident in Mexico they can get their hands on while conveniently ignoring to report identical if not worse crime in their own backyard, I don’t really mind after all.Indeed, it makes people aware of the problem (in case they’re not) and, most importantly, It forces the Mexican authorities to act promptly and preventatively (which they normally always end up to do) and everybody is better off because of that.

My wife and I currently own two identical condos (3 bedroom/2 bath) in the same community.

Here's my primary reasons:Expenses disproportionately impact lower rent collecting properties For illustration purposes compare two identically designed 1+1 duplexes in the same market.  

I know a nearly identical investor in KC and he has the same issues.

His response to what led to this decision was identical to what others have posted. 

I have almost an identical property and this was my first BRRRR so happy to share the results.

At various times during the past 25 years he “specialized” in oil and gas drilling, franchise sales, surgical center investments, office centers, start up incubators, vitamins, mobile washing equipment, cemetery syndications, residential mortgage brokerage, commercial mortgage brokerage, insurance as an investment, long term care insurance, and property development in Mexico.  

Higher Fraud Risk: More susceptible to fraud or scams; verify seller's identity and property ownership.

I had a good-paying job at a Silicon Valley equipment manufacturer.