Quote from @John Carbone: also the pool cabin pumpers during Covid did exceptionally well when kids were doing school from home and there was a lot of demand year round for pools in off peak times…now those pool cabins sit empty because kids are in school and people aren’t willing to pay a premium to stay so the place sits unoccupied.

Or is there a reasonable population of year round renters. 

Didn’t get a great answer as to why it didn’t work in round 1.

In the military as I visited different units as the chaplain, most would voice the same sentiment in a round about way, "the only way the mission succeeds is based on what we do and without us their would be mission failure." 

they are going to go by COMPS, and if the comps are all over the place, they will round way, way down.hope this helpsnot trying to be negative, just realistic after doing 5 myself and 'messing up' the last one =)

Are you busy all year round with the current business or is there a down time where you don't have occupancy and parking and could do it then?

Thanks :) If the difference in budget is $10k, it will be a rounding error in the grand scheme of things.

If utilities are involved its HIGHLY unlikely it is a perfectly round number like $5k. 3.

Like everywhere else, investing is first and foremost about numbers.While you generally don't run the regulatory risk like you would in the US, Mexico City might be the exception and I would stay away.Tulum is being completely overbuilt so I'm not sure how you could be profitable long term there.Merida doesn't have all year-round mass tourism buy maybe focusing on a niche could work.Puerto Vallarta is great but it's become much pricier lately so you might need to find a deal if you want a decent return.Hope this helps!

You'll have to travel to the area and start trying to round up some folks, and some capable backups if one of your regulars gets put in jail or strung out on meth.7.