I am close enough to Portland that I think a more sustainable way of living - smaller footprint, minimalist, would appeal to a certain segment of the population if it was done right.

It consists of three segments.

@Davit GharibyanI still don't see a reason to incorporate...Sure, having a pair of single member LLC's, or even multi, doesn't change your taxation since they are pass through entities.However, its been discussed many times about your setup providing some segmentation of the liability since the Mgt LLC is doing the lease (you'd create a PM-type contract between the Title holding entity and the mgt LLC). 

Residential, commercial, and industrial real estate segments respond differently to economic cycles.

It can be done, but you are probably looking at six figures for this.If the issue is limited to a few areas you can replace segments of the wall.

It's important that your property configuration, location and guest segment all line up.

When the lenders pull out of a market segment it is a real red flag!

The segment below median (class C) is also interesting, but requires a lot more involvement and attention in exchange for the higher cash flow.

Just as encountering a faulty vehicle does not render all cars unreliable, the saturation of the 500 ft2 studio and 1-bedroom market in Tulum does not diminish the investment potential of other segments within the region. 3 bedroom + properties are still yielding solid returns (double digits).

I've created different demographic segments that I'd like to market to.