Market might be competitive but there is angles to stand out depending on what you are comfortable and able to handle, such as waiving an appraisal contingency, limitng inspection rights and time frames, closing time frames, allowing seller to stay-post closing, taking on difficult tenants, buying properties that might need repairs, etc.

Just make sure to research your local rental market and get comfortable estimating rehab costs.It’s a smart plan, and you’re off to a great start.

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.

What about tenants that don't have smart phones or  aren't comfortable using mobile apps? 

There is a difference between being risk comfortable, and being a Kamikaze pilot. 

ONE OF THE REASONS WHY I WAS INTERESTED IN THIS PROPERTY WAS I LITERALLY GREW UP AROUND THIS PARTICULAR NEIGHBORHOOD SO IT WAS A FULL CIRCLE MOMENT FOR ME BESIDE IT BEING A GREAT DEAL I WAS VERY FAMILIAR AND COMFORTABLE WITH THE AREA !.

Be sure you are comfortable with the math and know exactly how much you should be getting depending on how the property performs at different levels.  

If you do not feel comfortable pursuing additional growth, I'd wait it out just a bit. 

If you give them 30 days to get rid of the dogs, there will be comfort animal certificates in 2 days from an online site.

If so, you may have less risk if you are comfortable with getting it rented / the MTR numbers.