@David F.As Russell mentioned co-ops are probably 1/2 the price of a condo and you would also have extensive costs to set up a co-op and typically it’s my understanding the builder funds the first 1-2 years of reserves.

But, yes, it sounds like simply looking at your numbers and determining whether or not you can absorb a salary is the time to consider it. 

The faster you pick it up, the faster money will roll in.

Since this opportunity came up, I've begun to take real estate more seriously as a path to financial freedom.

I cash flow them to buyers on lease options with a hefty option payment up front to me.

If I were down there I would think about setting up a food truck or 10 or 20 and serving breakfast burritos 24 hours a day with some good hot coffee.Just my 2 cents.

As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.

We care about our investors' success, but it's ultimately up to each investor to take action to accomplish their goals however they do it!

I haven't had a full-time employment for a while but I have money saved up to buy a property or two.Is anyone here living abroad also or know anyone living abroad that is not physically buying properties in the USA but abroad?

When we found this deal the community had around 45 homes in it, now we are close to 60 total homes and looking to bring that number up to around 80.