Looking forward for my first BRRRR, now in May as soon as i find a property that will  make sense. 

Anything above 50 is considered positive sentiment.The index had plummeted to 37 last May, as the pandemic lockdown hit and the housing market shut down.

You may not get it but you may as well haunt him.

When a seller uses the words "cash"  or "like cash" they can either have the funds in their account, an LLC's account, or the account of investors, or it may a short term loan they are getting from a Hard Money Lender.

Lumber prices have dramatically declined since reaching an all-time high in May - as much as 50%. 

However; that means all the plumbing, etc. would need to be refitted, and with the age, it would probably need to be replaced, so once you start down that road, you may as well tear it down and build new. 

Mind you, if you buy the right property in the right place at the right price, you could still get a very high ROI even though you buy in bucket 1, although I'm doubtful that it could get as high in Cancun as in the Riviera Maya.

A high percent of tenants will never use a dishwasher because most people want to pre-rinse the dishes in their sink and if you have to do that then you may as well wash the dishes.

We're wanting to invest in short term rentals in the Riviera Maya area.

So here is my question for all of you if I may. As