After seeing my brother's success with flix and flip in the bay area over the last 4 years, I decided to explore the same in New York.

The Banderas Bay area (from PV to Punta Mita) has lots of potential with the economic growth and the tourism industry expanding north towards San Blas with over 30% appreciation in the past 3 years.

Long story short, it has been over a year and the project remained incomplete and he walked away with the money.

I like this idea because it reduces the potential vacancy I could have by doing a short 3- to 4-month lease that ends in April or May, then starting over with a year lease.

With over 25 years in the field, I'm still learning.

If you are willing to do this over a long period of time, this can be a great strategy, especially in a low-inventory market.

212 Loans has consistently adapted and improved over the years.

Also, what if you spend thousands of dollars on a brand-new DADU, only to have the seller reaqcuire the house?

The ways around that are to build a business around supporting their voucher and inspection program and spending no small amount of effort ensuring they are smoothly servicing your rentals. 

We just want this all to be over.