What many people ignore is that you can get deals in Mexico whereby you can get a higher return on investment if you pay cash for the property then if you were buying a property in the US with a mortgage. a nice by-product of that is that it's much less risky.That might not be your case if you buy a lifestyle property but then, you get an additional ROI in terms of your enjoyment of the property and, as icing on the cake, you get the capital gain whether you rent or not.

@Jayden Espinosa   I agree with @Theresa Harris  --negative cashflow on a property would put you on thin ice (particularly if you're just starting out and don't have a massive portfolio and stack of cash to fall back on).If it makes you feel any better, a LOT of folks (myself included) are in a similar position to yours right now--they have an excellent interest rate and are experiencing the "lock in effect" (where it doesn't make much sense to exit one property that has a low rate just to jump to another property with a much higher rate).Because of this, a lot of folks are choosing to sit on the sideline for a bit to see what plays out over the next 3-12 months.

Growing up when I wanted to get better at ice hockey, I would watch Chris Pronger, and for basketball I would watch Dwyane Wade. 

Here's the laundry list of repair items in the past 12 months.1) fridge doesn't make ice consistently: we repaired twice.

You've got the Gatorade cooler, benches, team towels, and even an ice bath.

The Roof was replaced in 2022, with new shingles, ice and water shield, and flashing.

You take on a lot of risk doing a deal like this and depending on it to cash flow property so just try to focus on a deal without these extra spaces and look at them as potential icing on the cake later if it works out.Reach out anytime!

The home looks like an empty carton of vanilla ice cream.

I remember one tenant telling me the fridge was leaking water (the fridge came with the property - I don't buy fridges that have water/ice cube makers as those tend to leak/cause issues). 

It's just a question of how much.A banana split consists of a full banana, three scoops of ice cream, three types of topping, whip cream, and a cherry.