Again, the BiggerPockets store has some books on this topic, or you can learn about it by watching podcasts, reading blogs, and interacting on the forum.

Quote from @Mackay Oakey: Quote from @Bonnie Low: We just had a roundtable discussion on this very topic in THE MTR Connect today.

Sorry for derailing the book conversation but I think this topic is pretty interesting especially with the way the market is changing. 

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

Feel free to reach out if you have any questions.https://www.biggerpockets.com/forums/432/topics/1013061-sect...

Most people who buy in Costa Rica do it for lifestyle and they might rent (or not) to cover the cost and maybe make a little profit.Unless mentioned otherwise, when responding on that topic I know or I have assumed that people are potentially interested in an investment property, not a lifestyle property because this is an "investment" website and people talk about STR.

I will do more further research on this topic to identify for accurate numbers for the report. 

For the LTR, we used(took off market yesterday while trying to decide on the said topic) market it at $2050 with concession of $1000 with all utilities paid for by the tenant.

Here is a revised version of this post, updated December 2024:https://www.biggerpockets.com/forums/51/topics/1223547-expla...

@Reeti PeshawariaThis is a bit tricky to do since STR regulations are an emerging political topic so regulations are consistently shifting.