Rehab projects are great and they give you the option to sell and move on after completing or to hold the property as long-term rental to generate some extra income.

@Constantinos Zavos It's tough out there right now.

Not once.I would only consider it in a tough market like California, but even then, there are other techniques to try first.

They helped determine what modifications were essential for compliance and worked to maximize savings in the project.

Assuming your investment projections is 5+ years, it's usually worth it to sacrifice a bit of cash flow to prioritize growth in my personal opinion.

Trying to cough up similar amount +new adjusted inflated price is very tough. 

Tough pill to swallow, I like cash and certainty over sub2 all day but that's my preference. 

Also, unlike Mexico, where it was tough to open a bank account, getting one in Colombia was straightforward, and I found a bank that doesn't charge for transactions.So, my conclusion from experience, Cancun still for me more expensive. 

that was 7 years ago though and inventory is much tighter now.yes on auctions - you often have to buy with incomplete or incorrect information, and so just very tough to do as your first or second deal.it sounds like you're doing some of the right things in terms of starting to build a network, but it's just very tough to act when you need to when you're out of state. 

You can still find a place that will do 15% cash on cash if you are patient.The real opportunity now is if you have the guts and budget to take on projects in the older inventory of homes here.