I'm looking for a team, an agent that with knowledge both on/off market deals/neighborhoods insight.....good GC, efficient and can accommodate multiple jobs and property manager with that is experience in section 8 housing.Appreciate hearing from you. 

It's too much risk for me until someone can give concrete suggestions of how insurance policy(ies) can accommodate the rental arbitrage scenario.

@Xuming Yu, I'm usually the one who is more accommodating of tenants, but not in this case.

Its a more comprehensive view especially early in your investing journey unless $ isn't a factor.

Good to hear... i'm factoring in an 8% vacancy rate in my per forma, hopefully will accommodate any loss expected .

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.

you guys may  want to read this very thorough comprehensive post with tube videos to back it all up.https://www.biggerpockets.com/forums/92/topics/522621-morris-invest-review-after-8-months-of-ownership?

With a family, it can be tough to find a multiunit property that is large enough to accommodate a family and a tenant. 

We are getting ready for a comprehensive lease document update and it's an area I think we might be able to improve in our current documents.Thanks!

The tourist high season has arrived, so we'll have plenty of demand to accommodate us.