@Lydia T.

Property was about 7% under market rent and has a T-12 vacancy of 12% before acquisition.

@Henry T. 

Should these taxes be at a more normal or Canadian-style level, the city of Tulum would have an even bigger infrastructure budget and you wouldn't hear about those issues in the same way.

The first purchase is always a huge learning experience, so it's smart to buy something you can't lose your shirt on.

You *could* bill proportionately in more of a RUBS style with out meters.

We still own this property, but we have: 1) leased to market rent, 2) successfully implemented RUBS to save roughly $3,000/year, 3) Reduced vacancy/bad debt from pre-acquisition T-12 of 15% to less than 4%.

I will continue to tweak my plans and eventually find a nice niche that fits my investing style.   

I had one that also did a flat flee for leads but there are other ones that do auction style.

@Camille T.