@Alex GarridoInvesting in Panama City would work out for short term rentals because you could pay for the holding costs and maybe profit nicely while hopefully the value of your property increases over the long term.Unfortunately, it’s illegal to rent for less than 45 days and personally I’d never suggest anybody gets into an illegal business overseas.I’ve come across a couple rare buildings in Costa del Este who have a permit but, as you could expect, it’s reflected in the price.

To make sure the investment satisfies your financial objectives, establish your target profit margin.Decide how much money is needed overall for the transaction.

This lead to 3 years of very profitable success as a real estate broker, until having made some highly profitable deals I decided to quit the real estate “business” and concentrate on “investing” full time.Biggest “TAKEAWAY”: Most business owners and most sales people have a hard time turning down ANY piece of business.

But the property in question is zoned as a residential single family home... just curious on how all of that works together so that I don't end up violating any laws in the future while still being able to make a profit.- So questions I have:What is considered a "dwelling unit"?

About meI am a seasoned acquisitions manager for a wholesale/rehab company in Virginia with over 60 successful contracts just this year with an average profit of over $44k.

Would you build a portfolio with long term rentals prior to investing in short term rentals, or would you use short term rental opportunities for quicker profit gain to expand on purchases of long term rentals.

We want to put the equity to use, but prices and interest rates are preventing any decent profit from the rentals we can afford.   

Although there are many issues and questions for you to knock out, the underlying question is to build or buy.Building or developing, you have two profit streams. 

I'm an investor and I'm looking for the best possible risk-adjusted returns so you and other readers might have the same objectives.I'm only interested in STRs for maximum profitability and because the other strategies generally aren't worth it.

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