We got wind of it through one of our Broker contacts.. the issue for the land owner is he had taken roughly the same option payments yearly 150k And now with the option failing he was going to have to capture all that income as earned income and pay tax.. ( which of course he is kind of like a lottery winner the 150k a year was always gone in 10 months) So he was in a potential bad spot with IRS and we were able to step in and take over the option for the same terms.

most go down to 680 but rates are much better above 700 with the sweet spot being around 740.

It’s also softer and breaks easier causing hot spots.

Quite the analysis and spot on. 

Cleared completely overgrown acre of trach trees, opened up the exterior space, put in aggregate driveway and parking spots for 4 vehicles.

I’ll probably start looking for property number 3 next year (unless a deal falls in my lap) Sounds like your in a good spot Peter!

Your focus on Central NC condos and townhouses for long-term rentals is spot-on! 

It's easier (and cheaper) to use that along with spot checking my rates.  

Katy is a great spot!

Like some other cities in Mexico, Tulum is fast becoming one of the favorite spots for digital nomads and the work from anywhere crowd so you should have good internet throughout.