Deal sourcing- if you’re willing to search regionally, don’t ask anyone to sell that isn’t already in a sale mode. “ No marketing.”

The city sees it as a safety issue, they will do it, but its rare.

Hoarding becomes a violation when it presents a fire hazard or other safety issue, attracts pests, or potentially damages the property.

You gotta always have that margin of safety 

BIG LESSON: Know what borrowers are capable of doing when in fear mode.

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

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

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.

If you are 75% complete rehab you are very close to ordering furniture IMO.3 - Look for safety hazards - i.e. uneven steps etc.If your time in town is limited I would focus on these 3 areas.  

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.