Our thought process, is that we should purchase a property in the villages or very close by as this is a very good middle ground for the said areas above.

As a non-resident, I’m finding the process challenging due to factors like high upfront costs, foreign buyers’ taxes, and financing limitations.I’d love to hear your advice or experiences regarding:•Strategies to manage the high initial costs and foreign buyers’ taxes.

Better job hiring contractor.

Accounting system is a mess… >- Firing people at least weekly 1-2 employees at a time. it is clear that hiring and yet but appropriate for these people firing is what they do best.- Remember that people have left other work for this and only there a short time.

Help property owners, not to take advantage of or hurt the property sales process.

If you plan on buying these properties using a mortgage its also best to begin the pre approval process and work with an investor friendly lender to help guide and educate you what the best product might be for your projects to make sure you dont already max out your borrowing power after the first deal.

I planned to do a piggyback HELOC to have access to quick capital in case a good next deal came along but it has been a long drawn out process and right at closing they decided they needed a new appraisal.

It’s exciting to hear you’re diving into real estate investing and involving your daughter in the process — house hacking a small multifamily is a great way to start.

However, I have helped a couple people with extremely basic home layouts when they were in the process of remodeling their home.

I hadn't really considered buying houses that need a lot of work because I have no experience with hiring contractors for large projects, but that might be the only way to get a cash flowing property here right now.