My property manager contacted me yesterday to tell me that I have a colony (20-30) Brazilian/Mexican Free-Tailed Bats living in the chimney of my rental property.

Sure, they’re devotees of the borrowers’ economy—eagerly sharing bikes, music, rides, vacation places, you name it—but like most generations before them, they’re hungry for home ownership.

Listening to Audible instead of music.

My markets are not mentioned directly (pg. 5) as I do not invest in large cities but the general tone lines up with my experience in my areas and their closest listed metros- slowing to negative rent growth, lots of new inventory coming online that may be difficult to fill (and giddy inexperienced investors that don't appear to realize that the music may stop soon and they could be the one without a chair).  

People blasting music, stucco missing from everywhere, etc.

I am sure you have done this.I don't care if the contractor is playing the worst music and the crew may be doing somethings that are close to 420 on their breaks . 

I don't really want to take a 30% hit on the cap gains tax, but yet need funds to develop the Mexican project.

Getting lucky - no such thing in the music business.

Many buyers in the USD market (foreigners and wealthy and higher middle class Mexicans) pay cash, especially foreigners, but most want a turnkey product, as they don't want to have to do renos in Mexico.

I've got 5 Mexican scaffold builders that moved into a place last week.