From talking to locals, there's a couple of issues than need to be addressed, some are the non-ecological practices that some of those developers have, unfortunately, our government profits from this investors and allows them to destroy manglers (which are the natural water purifying system of that area) dismantling hectares of mangroves and degraded the habitat of resident and migratory species burying animals alive.There's proof of fecal material floating beneath the city of Tulum, only 20% of the water is sent to the water treatment plant, there's no infrastructure for the exponential growth.The landfills in the middle of the jungle that is leaking hazardous pollutants into the freshwater system and that something that developers won't tell you.I love my country and it would be a disaster for everybody if this place ends up like some other great beaches around the world, that are completely ruined by greedy investors not following the rules.There's no urban or comprehensive master plan, and one of the risks is that Tulum will be like Playa del Carmen is today, overgrown and with environmental devastation.I will advise doing a lot of research before getting something in Tulum, different country, different rules, and practices.

These are examples of how you could still be comparing apples to oranges focusing on safety and cash flow alone.

I have to close, apply for a conditional use verification, get inspection ( requiring wired smoke detectors, other safety features) and get a business license.

You gotta always have that margin of safety 

Account ClosedThis thread was about somebody asking for help buying property in Tulum, not about you or me being right about safety issues in the country.

But the risk caused by this, is that the safety cushion is reduced or completely eliminated, and a small problem can cause a catastrophic default on the debt.So, many of these aggressively structured deals have been heavily distressed.

•Do you have a safety net to weather potential slowdowns or unforeseen issues if you choose to BRRRR?

i do not disagree with your statement and when i pay my house off next, I will use that approach and keep the HELOC as a safety net in case I need to write a big check.What I love about getting to the airport is that there are multiple ways to get there. 

Build a Safety NetKeep at least $20K in reserves for unexpected repairs, vacancies, or emergencies.

When you talk about replacing income, the safety of that cash flow is much more imperative, since presumably you are living on it, too.And then you combine both thoughts: safety in income stream to live off of, and cap rates/yields from assets.