One capex issue or tenant turnover is going to eat up years of "cashflow".I would advise you to work on getting a smaller number of high quality units rather than scaling to 20.

The fact that YOU don’t understand this, yet you claim to be advising others in financial/investing matters, is frightening.  

Achieving a 15% yearly ROI in Tulum’s real estate market is exceptionally rare.When clients approach me wanting to invest in Tulum solely for high returns, I advise them to reconsider—unless they’re comfortable with a more realistic 5% return.

It’s possible, but I wouldn’t advise it.

If you can't qualify, DSCRs are a good option but I normally advise to stick with a 3-year prepay (or less, depending on pricing).

If you allow pets, your lease should require proof of licensing, regardless of breed.If the owner lets them run, with ensuing "incidents," I guarantee that violates city statutes.I (personally) would advise getting rid of the tenant.

Readers are advised to seek professional advice.

I would strongly advise you listen to him.

@Salome DitmarsThe advise you received on your post will take you some time to process.

That is how I've operated for years, well before the NAR fiasco and as agents, we have always been advised from referring to status quo, standard, typical, etc when it relates to commissions.It continues to amaze me how many buyers/investors believe the agent value is finding them "deals."