We have late fees, pet fees (though less these days with the whole service animal abuse), parking fees in some cases, storage unit feeds, coin laundry revenue etc... it can add up.Good luck.

This property would be great to build two houses, subdivide and sell.The second deal is a duplex with a storage building on the premises.  

There are also more than just the standard value-add multifamily available for syndications, you also have build to rent (new construction MF), RV Resorts and campgrounds, business m&a funds, storage, and much more!

(I half joke)It appears each home has its own 1000gl septic tank and leach field.

We do Self storage and deal with wasp and yellow jacket nests throughout the summer.  

You can't compete against the all-inclusives unless you offer complimentary food and booze or you're cheap, as you seem to be confirming.This being said:1) Properties in Mexico/Cancun trade in USD so you have no foreign exchange risk in Mexico while properties in Colombia are traded in COP, the Colombian peso, which has been tanking over the years, eliminating any hope for capital gains for American investors.2) You can get a mortgage in Mexico but you can't in Colombia so even with lower revenue, Cancun would likely still be more profitable, even if you don't take capital gains into account.3) The political risk is much higher in Colombia, especially at this present time.Is Cartagena a bad investment?

I have Apartments, Mini Storage, Hotel, Sr.

Hi all,New to the world of real estate investing, looking to find long term rentals and maybe something in the storage space realm as well. 

My plumber went and discovered tush wipes sitting ON the toilet tank while trying to test the toilet.

Just to add ,  not every inspection covers a visual of the septic tank . if they run the water and all mechanicals, they are working fine . other than a visual there are no signs of it not working .