I would say however that if you are looking to buy rentals then the landlord tenant laws are not landlord friendly. 

There's actually a huge oversupply of properties in Tulum and none of my friends who own property there make anything close to that!

At that time, my friend encouraged me to get into real estate with the idea of creating passive income and wealth in future (via appreciation).

Even if it takes you a year to pull down your first deal, you are killing it my friend!

I take my dog to see his friends at the dog park every morning and usually take an hour or two nap in the afternoon most days.

That may be a little too aggressive but I do enjoy landlord friendly states as opposed to the tenant friendly ones.

I wouldn't say it's automated, but it's a user friendly CRM so far. 

I have had many conversations with her friends about the differences in our markets and  have recognized for a while now that there may be some mutually beneficial opportunities to work with Canadian investor specifically. 

U need to flip the return  75% to the money and 25% to you if have any hope of finding someone to do this that is not friends and family.. 10 to 15% is way to little for the risk of being a gap funder.. if the project does not work gap funder is the one who loses money..

Yes, generally speaking, depending on tenant class, it's best not to get too friendly with your tenants.