The beach has taken about a year and the jungle house will take about 4-5 years because we are paying off some seller financing with the revenue from the short term rentals.I would say that I can definitely make more money investing in real estate in the United States than in Costa Rica.

I'm most interested in Single-Family or Multi-Family Homes with the intention of having Mid or Long-Term rentals (although I am not opposed to Short-Term either).

They could also be losing money in the short term while value-adding the property (before they can increase rents and NOI).

Quote from @Andrea Wellman: Would like to invest in short term rentals to start and learn from this forum and experts.  

Hi @Nicholas L. and @Chris Seveney a few weeks after my post, they did a part 2 for the survey and 2 days ago, the Zoning Dept. emailed out an update for the proposed policies.Here's their message:"We want to keep you informed and share a preview of the proposed Short-Term Residential Rental Ordinance regulations and express our gratitude for your invaluable feedback and participation in Phase I and Phase II of the Alexandria Short-Term Residential Rental Study.

Especially if using the funds short term, there's not too much interest.

If these houses have stable long-term tenants, I share your concern.

anyone have any experience with Walter Wofford and his short term rental education programs?

I am interested in learning all I can about Long Term and Short Term Rentals. 

I should add it will be a short term rental property.