We will see the STR become cyclical (much like anything) where those who can weather the storm will survive in good times and bad. 

I've had tenants which I ultimately evicted that cared less about that.

Eventually, you begin to develop  detachment as a survival mechanism.Some people find it really easy for others it is an adjustment to work in this space and see the reality.  

It’s important to figure out your goals and objectives, and then that will ultimately give you a few areas that you can narrow it down to.

Ultimately we also have decided to stick to the fundamentals we know.

Opinoins aside..they ultimately cost A LOT and as of recently hadn't quite delivered as expected for any property owners.

On form 8582, Part V, the net income is listed (a), which ultimately drives how much passive loss will be allowed.  

This will also help determine what type of home you ultimately purchase and provide your beginning foundation.  

I'd include it in the rental and charge an extra few $ a night.Guest experience is ultimately the only difference between your product and the next one, so why not provide what others don't?

We're not looking for an immediate huge ROI, but would like enough to cover costs and pay for our flights a few times per year(plus a cushion for repairs, upkeep, etc), while we ultimately wait the 10 years for Tulum to go through its growing pains, and then have a much more valuable property on our hands.Even with this conservative plan, we would still need to locate the right property in the right location that appeals to us and renters NOW and is poised to become more desirable as Tulum blossoms.