If you are in a colder climate, I would flip the orientation of the tub so the drain is on an interior wall though.

BRRR can still be a method down the line once you've increased your capital to a more desirable level. 300k is a such a good amount of capital to have in this climate if you were to go the quick project route.

It sounds like you cultivated a positive and cooperative climate in your homes. 

One critical reason: soaring insurance costs in areas where climate change and related risks are eroding the bottom line.

You may want to search crime stats for the area and maybe even go to the local police department to get an unbiased opinion of the potential area in which you are looking.If the area passes your test for risk, next is to find out what goes on in the political climate of the complex.There are a lot of sophisticated investors on BP who may be able to help you understand some areas you may consider avoiding as you enter the market. 

When oil died and climate change took ahold coal died and Gillette got cancer, the really bad kind. 

So make sure you know the political climate in an area, and that it supports your goals as an investor. 

No finished basements in a temperate climate. 

Luckily we have the best climate and a beautiful landscape to draw people because the political landscape is terrible and keeps getting worse.

Research Links:The United States Department of State has a comprehensive report on Panama’s investment climate, detailing economic forecasts and structural challenges.