@Connor McGinnis It is more of a lifestyle choice.

It's not quite a passive as the RE world makes it out to be (we self manage our own properties)... but it is a very nice lifestyle.  

Aligning decisions with financial goals, risk tolerance, and lifestyle preferences is crucial.Good luck!

tend to believe everyone is motivated by money; people who are lifestyle motivated think everyone is motivated by the least amount of time expended; people who are risk adverse can’t believe other people are willing to “bet” on outcomes even when the odds are clearly in their favor. 80% of the time (IMO) people who make decisions we disagree with are not making stupid, ill informed decisions or being “tricked”; they just have motivation, needs and desires different that our own.  

Dozier's lifestyle.

You likely will need more than 30 such units for it to have a decent chance to be a benefit to your lifestyle.

As you might know already, a lot of big corporations and wealthiest people of the US have moved to Miami area in the past 2 years as well as families who follow better lifestyle for their children's future and themselves. make sure you buy a somehow unique product (for ex; water view, flexible layout, high ceilings, building amenities etc). 2. 

The question is do they change their personal lifestyle and use this income to help the struggling projects..

We all have different financial situations, lifestyles, risk tolerances etc.

Mexico and the Caribbean countries are going to be huge beneficiaries nit only of the post-pandemic travel boom but also from the work from home trend, as more people look for a better lifestyle at a much lower cost with beautiful weather and beaches to boot.