Some use the 4% draw rule to achieve this.

I am a licensed and independent real estate broker who actually lives in Tulum, so I have firsthand experience with some of these aspects.There has been an increase in the supply, which is making the rental market more competitive.

Buyers today are still looking for good investments (obviously), but the most achievable scenario is short-term renting a property to help subsidize (or fully cover) expenses while living out a lifelong dream to own property in Provincetown.

I do hope Prefab can be achieved with Town Houses.

The county imposing a mandatory fee, deadline, and penalties, without even knowing what their own standards are, and with admittedly no intent to inspect and enforce, certainly smells disingenuous, to put it nicely.You're on the ground there, so you have more first-hand knowledge. 

The second is where I find myself as someone who has always been an achiever I am not satisfied with the status quo.

Its much more achievable than 20% on an investment property. and I play the long game and rely on the equity I build versus living by the cash flow. 

I am one step closer to achieving my dreams and having a great time on the journey there.

I was told by the Trustee, I could finance the condo instead of buying it with all cash.However, since this is auction property and doesn't allow someone to do inspection from inside most of the lender are suggesting that get a hard money loan instead of conventional investment loan.hard money loans are expensive (12% to 13% + origination fees).Does anyone has done this before with conventional investment loan where you don't do the inside appraisal.or any recommendations for lender who can help achieve this?

@Rickey Walker, due to market conditions, interest rates, and scarce inventory, sourcing and acquiring long-term cash flow rentals is difficult, to say the least, unless you put down 35%-40%.As I inform most folks, you'll need to implement a creative strategy if your investment criteria predominantly focus on achieving cash flow.