I think inventory is going to stay low so the quicker you can turn it around, the better and I agree, you will be in good shape when you go to sell.

If 8 years if rates have spiked and you have a loan in the low 5s, that will have more value than a house that has to be financed at higher rates. 

On the low end the courses are $500 to $1000.

Hard to let go of the low interest rate. 

The costs sound a little low to me if you are talking turn key including permits, site work, utilities, plans, surveys etc.

You own it until you sell it.To make the most money as a wholetail you want to fix unattractive things (at low cost) and clean and spruce up the appearance as a whole.

It was not a fast job and they overloaded the back of the pickup quite a bit weight wise.

It's not worth the extra monthly income that comes with getting involved with low income renters.

Still, if you want to be able to deduct your expenses before paying taxes in Mexico, you can always do so by investing through a Mexican corporation instead of a fideicomiso.Seen from my side and as I mentioned earlier, the issue would be that the ROI in Cancun specifically is too low, although 9% would be considered great by many people.

Your hit rate with wholesaling will be very low, but that's the nature of the beast.