If you are willing to sacrifice part of your life style, you can always consider living one room/unit of the house and rent out the other vacant unit out to lower your monthly mortgage payments!

His teachings suggest a paid off home, $500k in assets, and more than 1 source of income (SS if of that age, real estate, part time job, retirement/pension, etc.).

These GPs have a great interest in keeping their potential LPs (marks) ignorant so they will be protecting those interest mob style (dealing with rats).

I teach yoga here, own a business and we likely know some of the same people - it's not a big area!

Budget $15-$20k for a rewire.To take it a step further, if you build a relationship with your subcontractors they may even teach you how they estimate so you can repeatedly build a robust estimate completely on your own.Excluded from the above is foundation issues & outages in the framing (often caused by foundation issues).

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.

If it's not and you've profitably developed land like this before, then by all means DIY.Yes, the MM will make some type of money on the deal, but I wouldn't be surprised if the 5-6 developers only work with MM as they're not interested in teaching a landowner how to develop land. 

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

I am merely following your track record result and opinion also Ian.You are one of those that teaches me all risks involved in CRE and "passive investment".Literally, your analysis and opinion is showing how risky it is for example, to invest at crowdfunding sites. 

Just ignore them.No one can deny how pointless it is to be on a wholesaling forum—designed to teach, educate, encourage, and support you—only to respond to a genuine cry for help with negativity or by telling someone to give up.